English हिन्दी
Connect with us

India News

CHINA HAS 0.51% OF TOTAL FDI IN INDIA

In the last 20 years, China has accounted for just 0.51% of the total foreign direct investment that has come into Indian companies, and ranks a lowly 18, according to Indian government data.

Published

on

india-china-flag

In the last 20 years, China has accounted for just 0.51% of the total foreign direct investment that has come into Indian companies, and ranks a lowly 18, according to Indian government data.

India, in turn, looked at China as the factory of the world, driven by state support, top-notch infrastructure and economies of scale. In fact, the big story in the 2000s was about Indian manufacturers setting up factories in China to tap these advantages.

China welcomed them. When Indian automobile component company Sundram Fasteners set up a factory in Wuyuan town in China’s Zhejiang province more than a decade ago, local authorities named a road in the town after the Chennai-headquartered company. Till 2018, as per Indian government data, Indian companies had invested $1.09 billion in China.

Initially, foreign direct investment from China to India was predominantly by state-owned companies investing in the infrastructure space. Over the last 10 years, however, this has started to change with China’s reputation as a technology superpower growing.

Chinese tech giants such as Baidu, Alibaba and Tencent started investing in fledgling Indian companies. According to data from technology a research firm, 28 Chinese corporates have invested in Indian startups since 2010. Leading them are Tencent and Xiaomi. Tencent, for instance, has 16 Indian companies in its portfolio, including the unicorn startups—those valued at more than $1 billion—Byju’s, Dream11, Flipkart, Hike, Swiggy and Udaan. Other companies in which it has a stake include Ibibo Group, KhataBook, MyGate, NewsDog and Practo. All of these companies are visible and flag bearers of the Indian startup ecosystem.

Another set of investors are Chinese venture capital firms, and 41 of them have invested into Indian startups. Shunwei Capital leads with 16 portfolio companies, Cashify, Chalo, Clipapp and KrazyBee, to name a few. It is followed by Swastika, with 12 companies including HelloDhobi, InstaCar, Makkajai, Pickrr and Pocketin.

In all, these 69 Chinese companies and VCs have invested in 104 Indian startups. In the overall Indian startup landscape, that’s a small patch. Only 17 of these companies and VCs had more than one company from India. According to available data, till the end of last year, 6,114 Indian startups had received funding. Unlike trade, investment in India is a small space for China so far.

India News

Punjab AAP leader Lucky Oberoi shot dead in daylight attack in Jalandhar

AAP leader Lucky Oberoi was killed in a daylight shooting in Punjab’s Jalandhar after attackers fired multiple bullets at him while he was inside his car.

Published

on

AAP LEADER Lucky oberoi

AAP leader Lucky Oberoi was shot dead in a broad daylight attack in Punjab’s Jalandhar on Friday after unidentified assailants opened fire at him near a gurdwara in the city.

According to initial information, Oberoi was inside his car near the Gurdwara Sahib in the Model Town area when attackers arrived on a two-wheeler and fired multiple rounds at him. Five bullets reportedly hit him during the attack.

He was rushed to a private hospital immediately after the shooting, but doctors declared him dead due to the severity of his injuries.

Attack near gurdwara, police launch investigation

As per preliminary details, Oberoi was parking his vehicle outside the gurdwara when the attackers struck. The shooting triggered panic in the area, prompting an immediate response from the local police.

A police team reached the spot soon after receiving information and has launched an investigation into the incident. Efforts are underway to identify the attackers and determine the motive behind the killing.

Political reactions after killing

Following the incident, Leader of Opposition in the Punjab Legislative Assembly, Partap Singh Bajwa, strongly criticised the state government, alleging a collapse of law and order in Punjab.

In a post on X, Bajwa said the daylight killing of an AAP leader outside a gurdwara reflected the deteriorating security situation in the state. He questioned the government’s ability to protect citizens, claiming that fear and gang violence were gripping Punjab under the current administration.

Background

Lucky Oberoi was associated with the Aam Aadmi Party in Punjab. His wife had earlier contested municipal elections as an AAP candidate but did not win.

Continue Reading

India News

Pariksha Pe Charcha 2026: PM Modi to interact with students at 10 am today

PM Modi will address students across India at 10 am today as part of Pariksha Pe Charcha 2026, focusing on stress-free examinations and learning.

Published

on

Pariksha pe charcha

Prime Minister Narendra Modi will interact with students from across the country on Friday at 10 am as part of the annual Pariksha Pe Charcha (PPC) programme. The 2026 edition continues the initiative’s focus on reducing exam-related stress and encouraging students to prioritise learning over pressure.

In a message shared on X, the Prime Minister invited students, parents and teachers to watch Pariksha Pe Charcha 2026, noting that this year’s discussions will cover topics related to examinations, the importance of staying stress-free and maintaining focus on learning. He described the programme as a platform he enjoys, as it allows him to engage directly with young minds from different parts of the country.

Aligned with NEP 2020 vision

The Pariksha Pe Charcha initiative aligns with the National Education Policy 2020, which emphasises holistic development, mental well-being and a supportive learning environment. The programme seeks to transform how examinations are perceived by fostering confidence, positivity and celebrating the exam season as a learning festival rather than a source of anxiety.

According to an official release from the Ministry of Education, the Prime Minister has also shared his views on examinations and student well-being in his book Exam Warriors. Available in multiple languages as well as Braille, the book highlights the importance of self-belief and open conversations around stress so that children can enjoy a balanced and fulfilling childhood.

Student participation in pre-event activities

Conceptualised by the Prime Minister, Pariksha Pe Charcha introduces new and engaging elements every year. In the lead-up to the 2026 edition, several student-focused activities were organised across schools nationwide. These included the Swadeshi Sankalp Daud, a student-led run or walk promoting the spirit of self-reliance, along with quiz and writing competitions conducted at selected Kendriya Vidyalayas on Parakram Diwas.

The Ministry of Education stated that approximately 4.81 crore students participated in these pre-event activities, reflecting the scale and reach of the initiative.

Continue Reading

India News

PM Modi accuses Congress of anti-Sikh bias over Rahul Gandhi’s ‘traitor’ remark

Prime Minister Narendra Modi accused Rahul Gandhi of targeting BJP MP Ravneet Singh Bittu with a ‘gaddar’ remark because of his Sikh identity while speaking in the Rajya Sabha.

Published

on

PM Modi

Prime Minister Narendra Modi on Wednesday launched a sharp attack on Leader of the Opposition Rahul Gandhi, alleging that his “traitor” remark against BJP MP Ravneet Singh Bittu reflected the Congress party’s animosity towards the Sikh community.

The Prime Minister made the remarks in the Rajya Sabha while replying to the motion of thanks on the President’s address. Referring to an incident in the Parliament complex a day earlier, Modi said Gandhi’s comment had crossed all limits of political decency.

The controversy stems from a protest by suspended Opposition MPs, during which Ravneet Singh Bittu — a former Congress leader who joined the BJP ahead of the 2024 Lok Sabha elections — allegedly made a remark suggesting the protesters were behaving as if they had won a war.

In response, Rahul Gandhi was heard saying, “A traitor is walking by, look at his face,” before approaching Bittu and extending his hand. Gandhi then reportedly added, “Hello, brother. My traitor friend. Don’t worry, you will come back.”

Bittu refused to shake hands with the Congress leader and instead described him as an “enemy of the country” before walking away from the scene.

While the Congress later clarified that Gandhi’s remark was aimed at Bittu for leaving the party, the BJP seized upon the comment, calling it an insult to the Sikh community. Protests were subsequently held by members of the Sikh community outside the Congress headquarters and at other locations.

Addressing the House, Prime Minister Modi said that many leaders had quit the Congress in the past and that the party itself had split multiple times, but none of those leaders had been labelled a traitor. “He called this MP a traitor because he is Sikh,” the Prime Minister alleged, as treasury bench members raised slogans condemning the remark.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com