Tech-for-stake: 10% cap likely for Chinese firms in electronics JVs

New Delhi: India may limit Chinese companies to 10% equity investment in electronics joint ventures and only on condition of technology transfer since local know-how isn’t available, officials familiar with the matter told ET. This comes as Chinese companies are showing greater willingness to accede to conditions for investing in India, allowing them to expand in the key market given that the tariff war with the US may make their products too pricey there.