RT has an article today, whose information is attributed to Bloomberg News and its sources that Indian business leaders had been pushing for rapprochement with China and for increased Chinese investments in Indian businesses, in such fields as electronics components, electrical engineering, and electric vehicles.
According to the very brief Bloomberg report, India will be dropping aggressive restrictions on such investments, which were put in place in 2020, and which stopped, among others, a $1 billion-equivalent investment by China’s BYD in electric vehicle manufacture in India.
