India to raise tech import, investment curbs with China at BRICS Summit

indianexpress.com —

India is expected to raise concerns over Chinese investment restrictions and customs barriers on high-tech imports during bilateral talks on the sidelines of the BRICS Summit in New Delhi on September 12-13, according to government sources. The Ministry of Commerce and Industry has consulted Indian industry groups ahead of the meeting, with officials flagging Chinese export curbs on critical technologies like ingot and wafer technology, battery cells, and HVDC components. These restrictions have hurt Indian manufacturing, including the automobile and renewable energy sectors, prompting calls for reciprocal easing of procedural bottlenecks. Trade ties have recently thawed, with India's exports to China jumping 28% to $5.55 billion in April-June. New Delhi has also relaxed FDI rules and procurement restrictions for Chinese power equipment firms, though border-related talks postponed a planned commerce ministry visit to Beijing this week.


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India to raise tech import, investment curbs with China at BRICS Summit | News Minimalist