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By the end of 2014, It has been declared that China will invest $ 20 billion in India over the next five years. The figures show us China has already invested $ 11.6 billion in three years. In the next two years China’s investments in India will continue at almost the same pace.
In 2017, investment in startup companies in India has reached record levels. In the first nine months of last year, $ 17.6 billion was invested in non-public Indian startups. In 2016, India’s startup companies have attracted $ 17.3 billion investment. In the first nine months of 2017, this figure was beaten.
In Asia, another giant country is better in China with technology and startup companies. In the first nine months of 2017, Chinese startup companies have invested $ 18.3 billion.
There is a country that is better off than both of them is the United States. The total investment of startups in India and China corresponds to 70% of American startups. However, Asian countries are in the hands of technology because of the potential of the region. Taiwan, Japan, and Chinese technology giants have been in the queue to invest in startup companies in Hindustan.
India is booming with the growing economy and population of Asian technology giants. In 2017, the Japanese firm Softbank, which had a 28% share of Alibaba, was some of the giants that invested in Temasek based in Singapore, Foxconn India startup firms in Taiwan. But the main investment in India comes from China. China’s investment in India last year hit a record high of $ 6.35 billion. In 2017, they invested in Alibaba Paytm and Snapdeal, Didichuxing , , Tencent Hike, Cheetah Mobile GOQii, Ctrip MakeMyTrip, Hillhouse Capital CarDekho and Xiaomi Hungama Digital Media Entertainment.
China’s top phone makers are at the forefront of technology companies that are successful in the Indian market. 51% of the phones used in India are Chinese phones and Xiaomi is the most successful of these phone brands. Xiaomi’s market share in India is 14%. Chinese phone manufacturers are making a major contribution to the development of the industry. Obviously, the development of the telephone seats will open up the fronts of companies like Alibaba, Tencent, Didichuxing in India.
There are two reasons why China’s technology giants have invested in startups in India. The first reason is the high profit they get. That’s why Chinese companies are looking for a new market to grow their business. The second reason is the slowdown of the Chinese economy. This leads to the same conclusion. Chinese firms do not want to stay in China just to maintain their growth. Also, the major psychological reason why Chinese companies are investing in India is the belief that they can apply their own business models in India as well as crowded companies.
By the end of 2014, China will invest $ 20 billion in India over the next five years. The figures show us investing $ 11.6 billion in three years. In the next two years China’s investments in India will continue at almost the same pace.
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