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Need to take nuanced approach for FDI from China: Official

By Economic Times - 3 months ago
The Indian government is contemplating a nuanced strategy for Chinese FDI, focusing on high-tech sectors like electric vehicles and batteries. An official suggested accelerating FDI applications in areas where Chinese technologies are indispensable. Despite strained ties, trade between the two nations has grown, with China becoming India's top trading partner in 2023-24.

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