‘Equity capital dried up’: Chinese electronic brands reel under India’s regulatory hurdle; here’s how they are funding their survival
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
