Chinese companies are embracing ‘Indianisation’ strategies. Because of an unsaid mandate from the Indian government, wary of security concerns that Chinese presence brings to the country’s industry. Over the last one year, Chinese giants in consumer electronics and automotive have been establishing joint ventures with Indian companies and appointing Indians on the boards of their units. The alternative is an endless wait for visas for Chinese executives or worse, an outright refusal to set up shop here. Will their efforts be enough to convince the govt? Also India needs Chinese presence to cut its trade deficit with its neighbour. But can it afford a deluge of Chinese expansion here?
Host Anirban Chowdhury tries to explain the dichotomy with Writankar Mukherjee and Sharmistha Mukherjee of ET and Amit Bhandari, Senior Fellow, Energy, Investment and Connectivity at Gateway House.