11-20-2006, 12:38 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>India Inc about to conquer Chinese market </b>
Pioneer.com
Agencies | Beijing
<b>Indian businesses are making a beeline to China, attracted by its quality infrastructure, investor-friendly polices, low-cost operations,</b> huge domestic market as well as the potential to tap neighbouring South-east Asian and global markets.
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Larsen & Toubro (L&T), India's top engineering and construction company is one of the major success stories that Indian Inc has achieved in China. L&T has opened its first overseas electrical manufacturing plant in Wuxi, a booming east Chinese city in Jiangsu Province to manufacture low voltage switchgear.
L&T (Wuxi) Electric Company Limited (LTW), the wholly-owned subsidiary plans to invest 11 million US dollars in the state-of-the-art plant and introduce new products as well, Chairman of LTW and whole-time Director of L&T, RN Mukhija said.
<!--QuoteEnd--><!--QuoteEEnd-->
In India, India commies are doing best to stop India's growth by unions, creating road blocks in every infrastructure projects.
Pioneer.com
Agencies | Beijing
<b>Indian businesses are making a beeline to China, attracted by its quality infrastructure, investor-friendly polices, low-cost operations,</b> huge domestic market as well as the potential to tap neighbouring South-east Asian and global markets.
Â
Larsen & Toubro (L&T), India's top engineering and construction company is one of the major success stories that Indian Inc has achieved in China. L&T has opened its first overseas electrical manufacturing plant in Wuxi, a booming east Chinese city in Jiangsu Province to manufacture low voltage switchgear.
L&T (Wuxi) Electric Company Limited (LTW), the wholly-owned subsidiary plans to invest 11 million US dollars in the state-of-the-art plant and introduce new products as well, Chairman of LTW and whole-time Director of L&T, RN Mukhija said.
<!--QuoteEnd--><!--QuoteEEnd-->
In India, India commies are doing best to stop India's growth by unions, creating road blocks in every infrastructure projects.