Indian government wooing Chinese component manufacturers to set up shop in India – Feedback

Indian government is wooing Chinese component manufacturers to set up shop in India, instead of viewing it as a large consumer market where companies only import fully made products.

A top government official said that India and China have their strengths and the intent is to bring them together through partnerships to create a win-win proposition.
“Investing here is welcome, because it has spin off benefits such as jobs, creating value and increasing our manufacturing base, which is very different from dumping Chinese products here,” said Aruna Sundarajan, secretary of IT and electronics ministry, on the sidelines of the second India-China mobile phone and accessories manufacturing summit.

http://economictimes.indiatimes.com/industry/cons-products/electronics/indian-government-wooing-chinese-component-manufacturers-to-set-up-shop-in-india/articleshow/54998529.cms

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