Tech transfer: India to consider Chinese JVs investment in ECMS; ‘ key to building knowledge base’
India is signaling a more welcoming stance towards Chinese investment in electronics manufacturing, contingent on technology transfer and local workforce training. This approach aims to build a robust domestic component manufacturing base, moving beyond mere assembly. The government is also facilitating tech transfer through incentives, with multiple Chinese firms expressing interest in joint ventures under the ECMS scheme.🕒 1 min read
India is signaling a more welcoming stance towards Chinese investment in electronics manufacturing, contingent on technology transfer and local workforce training. This approach aims to build a robust domestic component manufacturing base, moving beyond mere assembly. The government is also facilitating tech transfer through incentives, with multiple Chinese firms expressing interest in joint ventures under the ECMS scheme.
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