Can India’s Economy Thrive Without China’s Help?

• At a testing facility in Tamil Nadu, Mahindra Group's new vehicles highlight India's growing automotive sector and Modi's 'Self-reliant India' campaign.
• Despite restrictions on Chinese investment, India remains heavily dependent on Chinese imports, including battery cells for Mahindra's EVs.
• Critics argue that India's tough stance on China could hinder its manufacturing ambitions, with delays in visas for Chinese technicians affecting companies like Apple.
• The Modi government is divided on whether to ease restrictions, with some officials pushing for more flexibility to attract foreign investment.
• Major Indian companies, like Tata Power, are working to reduce reliance on Chinese imports, aiming for self-sufficiency in critical sectors like solar energy.

Source: Financial Times