Friday, 24 March, 2023

India remains open for private Chinese tech-firms’ investment, expansion

<p>Chinese tech firms, Vivo, Xiaomi, Oppo, with no links to the Chinese govt, the&nbsp;military can continue to invest, expand business in the Indian market. Conversely, firms with direct, indirect links will not be allowed, considering the Indo-China border clashes. GOI is looking to identify such firms. Telecom brands, Huawei, ZTE are suspected for the same. Thus, GOI has halted supply contracts for BSNL, MTNL, and is urging private Indian telecom firms to do the same.</p>