Chinese Huawei, ZTE may face national security implications
India is trying to identify Chinese technology companies with direct or indirect links to that country’s government or military, a top official said. Such companies will face challenges in getting investment approvals, given that this could have national security implications for Indian the wake of the recent border hostilities, he said.
But private companies that don’t fall under this category, such as smartphone manufacturers Vivo, Xiaomi and Oppo, are unlikely to face any such hurdles to their plans to invest and expand in India, the official told ET.
Hurdles for Huawei, ZTE
“Nature of ownership of Chinese tech companies will be under immense scrutiny because if the Chinese army or the state is the owner or in any significant way linked to the company, then it is a situation of great discomfort,” he said.