Скачать или смотреть India open to reviewing China investment rules: Piyush Goyal at BS Manthan

India is open to reviewing its investment stance towards China as it looks to expand domestic manufacturing and strengthen its position in global value chains, Union Commerce and Industry Minister Piyush Goyal said on Tuesday.

“We are in dialogue with industry, we have an open mind to how we can attract more tech and investment from China. It’s an evolving situation and open to newer ideas,” the minister said at BS Manthan, Business Standard's flagship event, in New Delhi.

Goyal said Press Note 3, which tightened investment rules for neighbouring countries, was introduced to protect Indian businesses from "opportunistic takeovers", especially during Covid when valuations had taken a hit.

#china #freetradeagreement #investment



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