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Atul Pandey, partner at law firm Khaitan & Co. says "Even though the primary reason given by the government is data security concerns, the clear message is that war and business can't happen simultaneously."
"After the first wave of bans, Chinese investors were proposing Indian startups, lawyers were recommending prospects, and founders were told to loiter plans by a few months if the plans involved China," said a startup founder.
"Now we are not saying delay plans. Now it is, make a new plan. This looks like it is going to stay," he said. The startup founder has cooperated with Chinese investors over the past year.
Total 224 Chinese apps banned
India had prohibited 59 Chinese applications on June 29 including video-recording and editing startup TikTok, after a few days of which, it banned another 47 pertaining to intricacies around the nation's sovereignty and security.
More than 275 Chinese applications had been under investigation for supposed infringement of public security and residents' protection, out of which 224 have now been restricted.
Karan Kalra, founder of law firm Bombay Law Chambers goes on saying "The rationale that user data from the banned apps is a national security concern seems somewhat excessive, and, in my view, limiting access to a common man's data is likely to only have a commercial impact."
He continues, "Security concerns could arise if data from phones of government officials were being accessed by foreign governments. Sadly, while there is a popular belief that we are hurting their economy by banning these apps, limiting access to technology and global funds, in the overall scheme of things only hurts our startup community." said.
Pressure along the India-China fringe originally surfaced in Ladakh's Galwan Valley on June 15, 2020, when 20 Indian security staff were slaughtered after a conflict between the soldiers of the two sides.
Numerous rounds of conversation were held at the military and discretionary levels to reestablish harmony after that.
In any case, on August 31, China made a new endeavour to modify business as usual in the Pangong Tso region. This is maybe the primary significant episode in the district after the Galwan Valley conflict.