Midea Group nears India joint venture for home appliance manufacturing

moneycontrol.com

Midea Group is nearing a joint venture for home appliance manufacturing in India. The Chinese company is in final stages of partnership discussions, aiming for full-scale local production to strengthen its market position. This move aligns with a trend of Chinese firms localizing operations in India amid regulatory scrutiny and domestic manufacturing initiatives.


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Midea Group nears India joint venture for home appliance manufacturing | News Minimalist