Alibaba group puts expansion plans in India on hold amid tensions between two countries
Image Credit: Shortpedia
Chine-based firm Alibaba group has put its plan of investing in Indian companies on hold amid the ongoing tensions between the two countries that have prompted the Indian government to take action against the Chinese firms here. As per the sources, Alibaba group has decided not to put in fresh funds to expand its investments in the country for at least six months. However, the group has no plans of exiting the Indian market.