India–China trade roadblock? Beijing slows approval for deals to guard tech transfers; Haier, PG Electroplast and more await clarity

Ahead of Prime Minister Modi's China visit, Beijing is reportedly delaying approvals for India-China partnership agreements, especially those involving technology transfers. Deals like Haier India's stake sale and PG Electroplast's compressor technology transfer are facing scrutiny. This caution extends to the automotive sector, particularly EV technology sharing, impacting Indian companies' expansion plans.