Many Chinese companies are entering India! Company banned 4 years ago has started business with Mukesh Ambani, who all are in list?
GH News December 24, 2024 10:06 PM
Several Chinese companies that are engaged in manufacturing electronic items fashion and electric vehicles entered the Indian market. A few companies have started their operations while a few are in queue.  Moreover these companies are making entries in partnership with Indian companies. The Indian companies which have been chosen by these companies are Mukesh Ambani’s Reliance Retail EPACK Durable and Dixon Technologies.  China’s major brand ‘Shein’ has returned to India and it has started its business with Reliance Retail. In fact Reliance Retail has begun the backend test launch. The company started the launch from its online fashion and retail platform Ajio.  According to the Economic Times report  an official asserted that ‘Shein’ has started testing and cataloging womens casual and western wear. However the launch date has yet not been decided but the company is planning to make its presence on other online platforms too.  The central government had banned several Chinese Apps in 2020 due to military standoff between India and China. Shien is also among the Apps that was banned.  Union Minister Pitush Goyal told the Lok Sabha last week that ‘Shein’ will be given space on dometic retail platform and it will be hosted through the platform so no data will reach the Chinese company.  Hisense is the largest television manufacturing company of China. The company is eying India as  a major market. This company also manufactures TV parts. This company is planning to buy a 26% stake in a subsidiary company of EPACK Durable.  Chinese smartphone company Vivo is also expanding its business operations. Of late the company has formed a new company with Dixon Technologies.   
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