Chinese Investment in India Foreign direct investment (FDI) is allowed in India, but not all sectors are open to Chinese investment. Still, Chinese businessmen are looking to the subcontinent for opportunities. Through FDI, India aims to increase the share of manufacturing in the economy from its current 16 percent to 25 percent in 2022 as well as reduce its current account deficit (CAD).One of China's largest animal feed producers, New Hope Group, has interests in Vietnam, Sri Lanka and Bangladesh. With plans to fund a new feed mill in eastern India, it will be adding another country to the list. China imports raw feed materials from India such as corn and soybean meal. By establishing a feed mill in India, New Hope Group will be able t...