After suffering multiple blows, India is becoming more pragmatic.
On March 11, according to reports from Reuters and Bloomberg, India has approved amendments to foreign direct investment (FDI) rules, allowing Chinese capital to enter areas such as electronics, capital equipment, and solar cells.
In 2020, due to border clashes with China, India unilaterally restricted investments from China. At that time, India was in a favorable international position, maintaining a strategic "honeymoon" with the United States, and having a traditionally friendly relationship with Russia. Countries such as Europe and Japan were also greatly courting India. It made India so happy that it lost its way. Regarding the border clashes with China, it had become so arrogant that it directly cut off trade relations with China.
In 2025, during Trump's second term, the "America First" policy accelerated, with multiple increases in tariffs on the US, and directly demanding India to ban the purchase of Russian oil. The relationship between the two countries was tense. In May of the same year, an air battle occurred between India and Pakistan, with Pakistan directly destroying six Indian fighter jets while suffering zero casualties. This made India a laughingstock internationally.
Under multiple pressures, India began to turn pragmatic. In August 2025, Modi visited China, directly opening direct flights with China, and on March 11 this year, allowed Chinese capital to re-enter. This gives Chinese enterprises another option. However, the business environment and conditions in India are indeed not impressive, and it is worth watching how many companies will follow up.
Original article: toutiao.com/article/1859327957940236/
Statement: The article represents the views of the author himself.