Tag: rethinks
India rethinks China blockade to additional tech manufacturing
Context and Background Submit-Galwan Coverage Shift (2020):Following border clashes in 2020, India imposed stricter FDI guidelines through Press Notice 3, requiring prior authorities approval for investments from international locations sharing land borders (primarily focusing on China).Key sectors like telecom, electronics, and infrastructure had been successfully blocked to Chinese language corporations. Strategic Recalibration (2023–25):Amid altering international dynamics and rising