China electronics entry may hinge on tech transfer JVs with Indian firms

The government is likely to support Chinese investments in the electronics sector if they come through joint ventures with Indian firms and entail technology transfer, instead of only setting up assembly units, said officials.

The ministry of electronics and IT (MeitY) is clear that approval to some Chinese investments is critical for manufacturing to shift to India, as well as for the success of the upcoming component incentive scheme, they told ET.The ministry is, hence, backing easing of norms for investments from the neighbouring country, they said.

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