2020 border clash strains India-China relations, impeding India's global manufacturing ambitions.

India's ambition to become a global manufacturing hub is hindered by strained relations with China, worsened by a 2020 border clash. Scrutinized Chinese investments have deterred billions in potential funding. However, India is contemplating easing rules to attract Chinese firms, allowing up to 10% shareholding without government approval. This shift could enhance India's role in high-tech sectors like solar, electric vehicles, and battery manufacturing.

September 11, 2024
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