This is, to begin with, essentially how operating in China works. Uber was forced to sell their Chinese operations to Didi Chuxing, AWS is prohibited from operating datacenters in China and forced into partnerships with local telecom companies, Google's services are uniformly banned. Operating in China means forming a partnership with a local company that you must turn over your IP to, before eventually you are kicked out of China so that the partner company can take your place entirely.

India and China, along with basically every other country, have tons of regulations around how foreign companies can set up operations and invest in domestic markets.

You cannot do business without a local partners in many industries (read: a "joint" venture in which the local "partner" will acquire your IP and eventually compete with you down the road). Foreign ownership is restricted. It was big news when China mildly liberalized its laws earlier this year and only as a gesture in the ongoing trade disputes.