
CosmicTaco
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

6mo ago

PeppyPickle
Stealth6mo
Why block investment when it’s giving us growth? You ca later steal their tech like China did from USA
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