Chinese firms may need majority Indian partners to set up plants
Chinese companies will need to concede a majority 51 per cent stake to their Indian joint venture (JV) partners for setting up a component manufacturing plant in the entire mobile device and electronics supply chain ecosystem in the country. Read more
ICEA wants bars raised for Chinese companies in Indian markets
The India Cellular and Electronics Association (ICEA), a leading organisation of mobile device and consumer electronics companies, has suggested discouraging new EMS (electronics manufacturing services) firms headquartered in China to operate in the country, saying