India is emboldened to reject $86 billion of investment from Chinese companies
Negotiations on an investment of $86 billion set the stage for India to reject Chinese companies!
India pushed in 2014"Locally manufactured"plan, which attracted many Chinese entrepreneurs. They were initially hostile to Chinese companies entering the Indian market, but gradually became dependent on the Chinese ** chain.
After the launch of the global market layout, China's industrial chain began to make Europe and the United States uneasy, since the introduction of the price cutting rules, American companies have been severely restricted from investing in China, according to the Biden team, a series of bans have restricted investment, as long as the technology included in the United States business cooperation is the following list of prohibitions.
Since 2021, India's attitude towards Chinese companies has also changed, with much stricter screening criteria for Chinese companies' limited investment proposals, followed by India's shouting"Local production"This is also the reason why many Chinese companies do not complete the procedure and refuse to invest.
Of course, the most famous is the freezing of Xiaomi assets worth 4.8 billion yuan and the rejection of BYD's investment worth 1 billion yuan. India has missed an opportunity for two world-class companies to work together, but it doesn't seem to be guilty and is stepping up its efforts.
Of course, all thanks to the final decision of the United States. In the face of a 50% return on investment in India, Apple not only did not give up its investment in the factory project, but also promised to provide more production capacity, introduce more leading merchants, and began to break away from the Chinese industrial chain, thus injecting full confidence into the Indian manufacturing industry.
Chinese companies have a relatively complete ** chain in India, although it is not a complete set, but they have made important contributions to the promotion of the industry, and India has now achieved the goal of this bridge building action, which is also interpreted by experts'The chance to lay eggs'。
As of 2024, the Indian state of Gujarat has signed preliminary cooperation agreements with semiconductor companies in Japan, South Korea and the United States, involving as many as 58 companies with a cumulative investment of 86 billion yuan, which means that the state has become the India of the Chinese mainland market.
On the surface, this situation is not good for Chinese companies, but it is not bad to analyze it carefully, the laws and regulations of the Indian market are relatively voluntary, and perhaps only Chinese companies can withstand it, these European and American companies focus on interests, advocating free operation, if they blindly set restrictions, both sides of India are doomed to failure.
If it is completely withdrawn, the ** chain established by China will bring immeasurable losses to India. Western companies will not accompany Modi from the start of the construction of the technology base, nor will they follow Modi's"Local production"Plan.
Suppressing Chinese enterprises and introducing European and American capital in an all-round way, the painful historical lessons are clearly revealed, and India must have deeply realized that the Chinese ** chain for decades, basically when there is such a choice as an exclusive event, the Modi team must have a number in mind that did not appear.
The Indian market is densely populated but not the best place to do business for Chinese businesses, and if the business climate continues to deteriorate – and of course, if Chinese corporate investment retreats across the board, it won't die – India is in bad luck.
The $86 billion investment deal is set to temporarily overtake India, and Chinese companies should be more cautious about investing in the Indian market for now. What do you think?