China has invested Rs 7,500 crore in Indian companies, the central government announced in Parliament

- China's massive investment in 1600 Indian companies

New Delhi on 22nd September 2020 Tuesday

China had an investment of Rs 7,500 crore in at least 1,600 Indian companies. This information was given by the Government of India itself in Parliament.

The government said that from March 2016 to March 2020, China had invested Rs 7,500 crore in 1,600 Indian companies under foreign direct investment.

The Center had given this information in response to a question in the Rajya Sabha on Tuesday morning. The questioner asked whether it was true that China had invested heavily in Indian companies, especially in start-ups. The government responded with this information. The government said that between March 2016 and March 2020, China had made 0 1.02 billion in foreign direct investment.

Such companies involved 46 sectors of business. These included the automobiles, litho printing industry, electronics, various services and electrical appliances. The largest investment was in the .2 172 million automobile industry. China has invested કરોડ 139.6 million in various services.

Anurag Singh Thakur, who is in charge of the Ministry of Corporate Affairs, said, "Our ministry does not keep details of the investments made by Chinese institutions."