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Most Indian cos working in China say trade war has had no impact: Survey

Most Indian companies working in China do not see significant impact of the current trade friction involving China and the US and plan to ramp up their investments this year, according to a survey.

According to the survey by industry body Confederation of Indian Industry (CII) and research and analytics company Evalueserve, 98 per cent of the respondents plan to make some investments in China in 2019, with two-fifths considering ramping up their investments over 2018.

Moreover, the number of IT and BPO companies that plan to make additional investments in China in 2019, has increased over the previous year.

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