New Delhi, April 29 -- India is considering easing foreign direct investment (FDI) norms to permit Chinese companies to own up to 26% equity in joint ventures in specific, critical electronic components, while retaining a tighter 10% cap for most other segments, according to a Moneycontrol.com report.

The proposal was discussed during high-level meetings last week between government officials and domestic electronics manufacturers. As per the report, the Centre conveyed that Chinese investment proposals would not be given blanket clearance but evaluated individually on a case-by-case basis.

Lianchuang eyes Indian entry via partnerships

In a significant development, Lianchuang Electronics-a Chinese firm that supplies to Oppo, Vivo, and ...