India-China business thaw: Firms accelerate JV talks after PM Modi-Xi meet

Following improved ties between India and China, companies are swiftly pursuing joint ventures in electronics and automobiles. Haier’s stake sale gains momentum, while Dixon Technologies advances its JV for precision components. The auto sector anticipates eased import restrictions, and Ashok Leyland partners with CALB Group for battery development, signaling increased optimism among Chinese technology investors.