A growing wave of Indian businesses is seeking partnerships with Chinese companies for technology transfers, a quiet effort that’s expected to see a boost as President Donald Trump’s tariff barrage nudges the longstanding Asian rivals closer.
The country’s biggest conglomerates, from the Adani Group to Reliance Industries Ltd. and JSW Group, have been pursuing under-the-radar deals with Chinese firms that have the most mature and cost-efficient technology in renewable sectors like electric vehicles and lithium-ion cells.
Executives have taken pains to keep these tieups low profile so far because of Beijing’s stance against sharing technology to potential manufacturing ...