fintech / news / / CNBC
India's companies are turning to China to explore tie-ups in the electric vehicle charging, battery solutions, and renewable energy space.
An Indian business delegation visited China for the first time in over five years.
KEY POINTS
- Six of eight visiting Indian companies are startups in EV charging, electric trucks, and battery storage.
- India recently eased rules to allow Chinese investments, reversing restrictions imposed since 2020.
- Indian firms prefer technology-transfer partnerships and JVs with Chinese companies over direct investments in China.
- India's push for EV adoption is driving renewed commercial engagement with China for advanced technologies.
COMPANIES
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