Reference News Network reported on August 23. According to the "Indian Times" website reported on August 22, people familiar with the matter said that a ministerial group in the Indian government has approved a number of electronic manufacturing investment proposals, and some of them are exactly the Indian company’s proposal.

According to reports, India’s electronic manufacturing industry requires approval of investment in India to help expand and strengthen India’s supply chain.The above proposal was approved at the time of this pressure.

Two rounds of inter -ministerial group meetings have been held so far, and many proposals in different industries have been approved, most of which involve the electronics industry.Ahmedabad Stock

Indian companies have been promoting re -examining trade relations with India, especially the "No. 3 Notice".The Indian Industry and Internal Trade Promotion Agency revised foreign direct investment policies in 2020. Through the "Notice No. 3" requires foreign direct investment from countries with a land border with India to be approved by the government in advance.

Now, through appropriate guarantee measures, the government seems to be slowly investing in India because it believes that in order to realize the self -sufficiency of the electronic manufacturing industry, it is necessary to increase the local added value.

Earlier media reports said that the government told the industry that plans to set up an inter -ministerial group to accelerate the approval of an investment proposal that Indian companies operating in India or cooperating with Indian companies in India.As mentioned above, the plan has been implemented and two rounds of meetings are held.A official said: "This inter -ministerial group regularly convened a meeting, evaluated the situation, and approved the proposal after a thorough investigation." (Compiled/Qing Songzhu)Kanpur Wealth Management

Ahmedabad Investment