Business

India Signals Thaw in Relations with China, Opens Doors to Electronics Sector Investments

India Welcomes Chinese Investments in Electronics Sector

In a significant move indicating a thaw in relations, India is showing flexibility towards Chinese investments, especially in the electronics sector. A government official highlighted the importance of collaboration given China's dominance in global electronics manufacturing.

India and China ease relations for electronics sector collaboration

Collaboration Key to Global Electronics Dominance

With China accounting for 60% of global electronics manufacturing, partnerships between Indian and Chinese firms are seen as vital. Dixon Technologies' joint venture with China’s Longcheer is a prime example of this emerging trend.

Expanding Partnerships Beyond Borders

Dixon Technologies is not stopping at one joint venture. The company is in talks with other Chinese firms, including smart device manufacturer Vivo, to forge similar partnerships aimed at producing electronic components for mobile phones and laptops.