India may let Chinese electronics firms enter via JVs with local companies, says report

India may let Chinese electronics firms enter via JVs with local companies, says report

FILE PHOTO: A man walks past a logo of Xiaomi, a Chinese manufacturer of consumer electronics, outside a shop in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas/File Photo

The Indian government is open to letting Chinese companies enter the country’s high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, the Economic Times newspaper reported on Wednesday, citing officials.