India may allow Chinese JVs with Indian cos for electronics manufacturing

Officials added that any proposal for a JV could be considered if that leads to the growth of the electronics manufacturing ecosystem in India

In an attempt to boost the high-end electronics manufacturing sector in India, the central government is considering allowing Chinese companies to set up bases in the country with some riders, according to a report in The Economic Times.

Officials told the publication that the government may soon identify 50-60 Indian companies that would want to form a joint venture (JV) with their Chinese counterparts. They also said that the government is considering allowing foreign electronics manufacturers not just from China but also from South Korea, Taiwan, Vietnam and European countries.

However, the JV proposal may need to fulfil some conditions.