New Delhi: The Chinese are the latest to join the Indian automobile bandwagon and though their delayed entry has made it tough to gain a strong foothold, the changing times with a growing anti-China sentiment snowbowling into a major issue now might change the scenario for these moneyed enterprises.Chinese companies have been shopping around the world, and India’s large market size, infact the fifth largest passenger vehicle volume has caught their eye with a growth potential similar to their home market, now the largest in the world.There aren’t many Chinese automakers in India, but off late some have made an ambitious entry with massive investments lined-up. The car market dominated by Japanese and then led by the Korean show that Asian companies have a clear edge on the value-conscious Indian consumers.The MG Motor India owned by the SAIC, China’s largest PV maker and the second one in the league is Great Wall Motors or GWM, that is yet to start operations after … [Read more...] about ETAuto Opinion: Will ‘Anti-China’ sentiment spoil Sino automakers’ fortunes?
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“In many models, our approach is to upgrade the product with higher quality and better functioning German component which may increase the price a little but will tremendously increase value offered to customers by making the product superior in its class,” he added. … [Read more...] about New technologies, localising components will pave way for boycotting Chinese products: Hero Cycles chairman
Nepal is dependent on Indian ports for most of its trade. About 60% of its exports and imports are handled by Haldia and Vishakhapatnam ports. Proximity to Birgunj helps Haldia to cater to most of Kathmandu’s trade needs. Vishakhapatnam, on the other hand, is Nepal’s cargo gateway to China, Singapore, Southeast Asia, the US and Europe. China’s attempt is to reduce the dependency by providing Nepal access to another port through the Kathmandu-Rasuwadadhi highway. Dalip Singh takes a look at Nepal’s trade with India and China in the light of the recent skirmishes involving all three nations: Access points in India Landlocked Nepal shares a 1,868-km boundary with India, which has 20 entry and exit points for trade. India exports petroleum products, iron, steel, cement, machinery and pharmaceuticals and imports tea, black cardamom, juices and jute products Haldia port handles most of Nepal’s trade and is 848 km away from Birgunj dry port. However, the … [Read more...] about Why India is a more cost-effective trade option for Kathmandu
It is already there, we will admit students in July. It is on the Bombay-Goa road, near Lote, pretty close to my factory. We Parsis consider the Spring Equinox as important, so we had an inauguration on March 21st. It is not a university at the moment. It will be a college affiliated to the Bombay University, under the All India Council of Technical Education. We are starting with four courses including chemical engineering and computer science. … [Read more...] about How Keki Gharda stunned the MNC giants