India Sends Positive Signals to China for Greater Investment in Electronic Manufacturing

India Sends Positive Signals to China for Greater Investment in Electronic Manufacturing

Get latest articles and stories on Business at LatestLY. India is signaling greater openness to Chinese investment in electronics manufacturing as bilateral relations show signs of improvement, according to government sources. Business News | India Sends Positive Signals to China for Greater Investment in Electronic Manufacturing.

India sends positive signals to China for greater investment in electronic manufacturing

India is signalling greater openness to Chinese investment in electronics manufacturing as bilateral relations show signs of improvement, according to government sources. The shift comes as India seeks to expand its manufacturing capacity in the electronics sector, where China currently dominates with 60% of global production capacity. “Sixty per cent of manufacturing capacity is in China and we want to grow our manufacturing capacity. So some c…