India considering lifting restrictions on some Chinese firms

Quick Summary:

India's government is considering easing investment restrictions on some Chinese firms to enhance domestic manufacturing, according to an official familiar with the matter.

Discussions focus on granting exemptions to Chinese companies in high-tech sectors such as solar modules and critical minerals.

These discussions involve the ministry of commerce and industry and other security-related departments, but no final decision has been made yet.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaChinaSaudi Arabia

Topics: India and china Chinese firms in India India-China border clashes Indian restrictions on Chinese firms Investment restrictions Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 22:20:23 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21763794

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About Times of India

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Official Website: timesofindia.indiatimes.com

Update Frequency: 27 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

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