NEW DELHI - India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their projects and delay deals in one of Asia’s most lucrative investment markets.
Chinese firms existing and planned investments in India stand at more than $26 billion, research group Brookings said in March, with the world’s second-most populous nation emerging as a key market for everything from automobiles to digital tech. “Every Chinese investor is worried, any government approval could take months,” said Kakkar, who advises several foreign companies and investors.
“Sentiment wise it’s not been taken well but it will not change the investment plans for now,” said one of the sources who works closely with Chinese automakers in India.Indian craft beer maker Bira’s roughly $50 million of bridge financing round that involved Chinese investors could be delayed due to the new rules, said an industry source with direct knowledge. Bira did not respond to a request for comment.
adityakalra aditishahsays Good for both side.
adityakalra aditishahsays 💙💙
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Eros India CEO Explains STX Merger Logic: 'The Bigger Story Is on the OTT Side'When STX Entertainment unveiled ambitious plans in 2018 to make an initial public offering Hong Kong — which, ultimately, didn't come to fruition — the company expected to raise $500 million at a target valuation of $3.5 billion
Consulte Mais informação »