Challenges persist in India-China business relations despite high-level talks
Published on: Sept. 28, 2025, 5:30 a.m. | Source: The Economic Times
Despite recent high-level talks between India and China, on-ground business relations remain strained. China continues to hold rare earth magnet import applications, while India maintains Press Note 3 and BIS restrictions. This impasse significantly impacts Indian auto and electronics companies, forcing them to seek costly alternatives amid slow-moving discussions for normalization.
