The Indian government is standing firm on its decision to maintain investment restrictions on Chinese companies amidst concerns over their opaque ownership and ties with the Chinese military. Despite pleas from the private sector, the government remains vigilant due to apprehensions regarding China’s non-market economy practices and their potential impact on India’s manufacturing sector. This resolute stance indicates that any relaxation of investment restrictions is unlikely in the near future. The government’s cautious approach reflects the broader geopolitical tensions between India and China, as well as the need to safeguard India’s economic interests and national security. Stay tuned for further updates on this developing story.