Well, India is actually oddly doing China a favor by banning these types of investments. Look at how the US fucked up by diving all in allowing its corporations to build massive industrial supply chains in China. It has only empowered a rival. BYD is one of the world's largest battery and EV producers, it would have contributed greatly to helping India become a center of battery and EV related industrial supply chains. But India is doing everything it can to spite China even when it is obviously beneficial for it to get these types of investments from Chinese corporations.