Hurdles for Chinese Company Entry- Changan drops plan for Investment

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Entry plan to enter into Indian Market for Changan have lot of hurdles as PLA (People’s Liberation Army) have regular clash at border in Ladakh which is making entry bit difficult or say almost drops its decision to make entry.

Earlier they have made 500 million dollar investment commitment to put a greenfield facility in Tamil Nadu, Gujarat and Telangana with making a local partners for their distribution.