# Uday Kotak says India should welcome Chinese investment partnerships 2026-10-13T11:31:14+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Uday Kotak, founder and director of Kotak Mahindra Bank, on Tuesday (13 October 2026) said India should stay open to Chinese investment and manufacturing joint ventures, urging the country to diversify its sources of capital beyond the West. Speaking at the Bloomberg New Economy Forum 2026 in New Delhi, Kotak stated: ‘If you can't beat them, join them, and we need to be open.’ He drew parallels with China’s earlier strategy of partnering with American companies. Kotak pointed to partnerships involving Chinese automaker SAIC Motor's MG brand and appliance maker Haier as examples of cooperation. He added that global tariffs being used as ‘a weapon’ could encourage Chinese firms to invest directly in local manufacturing in other markets. The remarks come amid shifting global trade relationships affecting where companies manufacture and deploy capital. ## Indian Opinion Analysis Both outlets report Uday Kotak’s call for India to welcome Chinese investment with near-identical quotes and framing, indicating the coverage originates from shared access at the Bloomberg New Economy Forum. The Economic Times leads with a synopsis in the headline (“Can't beat China? Join it, says Uday Kotak”) and includes a broader range of his remarks, including the parallel with China’s earlier U.S. partnership model. Business Today centres the same ‘tariffs as a weapon’ line and adds a comparative context from the Tata chairman’s separate comments, but does not dispute or expand Kotak’s argument. Neither outlet offers a counterpoint or government position on Chinese investment policy. The uniform straight reporting leaves no editorial stance to contrast, the story’s significance lies in Kotak’s public reconsideration of prevailing investment orthodoxy, which the coverage presents without challenge. ## Coverage Coverage: 2 sources, 2 neutral - economictimes.indiatimes.com (neutral report) Straight news quotes with no editorial lean - businesstoday.in (neutral report) Identical quotes and framing from same event This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Tags: Bloomberg New Economy Forum, Chinese investment, Kotak Mahindra Bank, Make in India, SAIC Motor, Uday Kotak Canonical: https://indianopinion.org/uday-kotak-says-india-should-welcome-chinese-investment-partnerships/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/uday-kotak-says-india-should-welcome-chinese-investment-partnerships/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/