In this engaging discussion, Sharmistha Mukherjee, an automotive industry expert from ET, delves into how Chinese companies are adopting 'Indianisation' strategies to navigate complex market dynamics. She explores how geopolitical tensions shape these partnerships and the government's role in demanding local leadership. The conversation also covers the challenges faced by brands like BYD and MG Motor in establishing a foothold in India’s automotive sector, while addressing the critical balance between trade deficits and security concerns.