Chinese investments are deep-rooted in India


Source: sundayguardianlive.com

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Such investments have mostly taken the route of Foreign Direct Investment. New Delhi: Chinese investments are deep-rooted in the Indian economy with $6.2 billion of Chinese money in the Indian economy in myriad sectors, including Indian startups, tech companies, smartphones and applications (apps). Chinese investments in India have mostly taken the route of Foreign Direct Investment, with investments in over 88 projects in India’s IT and electronics sector between 2015 and 2019. In 2019 alone, Chinese companies invested in about 19 projects from the IT and electronics sector in India, according to The Financial Times’ foreign investment monitor “fDi markets”....