Chinese companies queue up to invest in India, but face several daunti

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Chinese companies queue up to invest in India, but face several daunting odds

This is a rich opportunity for a raft of Chinese companies in industries such as power, roads and ports. For example, Shanghai Electric has an installed capacity of over 40,000 MW in India, according to a company official, including a $8.3-billion pact with Reliance Power to supply 36 coalfired thermal power generation units. India is the largest market for Shanghai Electric outside China, the official added. Shanghai Electric is reportedly in talks to acquire a 74% stake in projects owned by an ..





Read more at:
Chinese companies queue up to invest in India, but face several daunting odds - Page2 - The Economic Times


Indians must be hired in the manufacturing and other units that are being set up in India, Anti dumping duties must be imposed on Chinese imports.
 

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