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Tag Archive | "Economy"

China diary: A Bangalorean in awe

Thursday, July 3, 2008

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http://www.rediff.com/news/2008/jun/04tjs.htm Impressions: T J S George in Shanghai The speed at which China is transforming itself is not just impressive; it is scary. Can such massive cities come up in the twinkling of an eye? Can such elaborate infrastructure be put in place in a jiffy? What is the engine that drives this frenetic pace of progress? [...]

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Chinese firm to set up weather radars in India

Sunday, June 22, 2008

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New Delhi: A Chinese hi-tech firm will build and install 12 doppler weather radars, or DWRs, at important Indian ports and cities including the national capital and Mumbai. Beijing Metstar Radar Co. Ltd, a venture of China National Huayun Technology Development Corp., a wholly-owned subsidiary of the China Meteorological Administration, and US-based Lockheed Martin Corp., outbid [...]

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All roads lead to China

Monday, June 16, 2008

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Source It is ironical to say the least. Global retail giant Wal-Mart is working hard to develop India as a sourcing base and at the same time big retail in India is increasing its dependence on China. While the growing presence of Chinese goods, typically sold by pavement shops or small stores bearing ‘China Shop’ banners, [...]

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Haier India aims for 15-percent market share

Monday, June 16, 2008

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Source China’s Haier, the world’s fifth-biggest white goods maker, hopes to own up to 15 percent of India’s booming consumer-goods market and boost its fortunes in the face cutthroat competition at home. India’s consumer goods sector, currently worth $4.0 billion, is growing robustly as an increasingly affluent 300-million-strong middle class snaps up appliances. India is Asia’s fastest growing [...]

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Automation at Chinese power plant project in India

Monday, June 16, 2008

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Source Invensys Process Systems has been selected by SEPCO III of China to implement Foxboro I/A Series distributed control systems for a 3,600-megawatt generating station being built in India The plant, to be built in the Jharsuguda district, Orissa state, is one of the largest power plants under construction in India, and represents a new generation of [...]

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India Beckons ZTE

Monday, June 16, 2008

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Source IPTV is a phenomenon that is in its infancy in India. But this is hardly stopping companies of neighboring countries from eying its potential. Why are vendors increasingly investing in setting up offices and manufacturing bases here? One major reason may be attributed to the huge population of the country, hence the enhanced prospects. Making [...]

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Buses will now be made in China

Monday, June 16, 2008

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Source PUNE: The Maharashtra State Road Transport Corporation (MSRTC) is set to buy 10 Chinese-made ‘King Long’ buses for operating on routes from Mumbai and Pune that have a heavy passenger load. MSRTC chairman Sudhakar Paricharak said the move was an follow-up to the experiment of running two King Long 60-seater buses on the Dadar-Pune route. “We plan [...]

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The Economist: India on fire

Monday, June 16, 2008

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From The Economist print edition India’s growth rate is close to China’s; but signs of overheating suggest that this pace cannot be sustained. THE economy is sizzling and foreign businessmen and investors are swarming to Bangalore and Mumbai to grab a piece of the action. India’s year-on-year growth rate could well hit double [...]

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India and China Sail in Different Boats

Monday, June 16, 2008

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This arrticle was written by Shailendra Kakani, the Research Head of Commodity Research Group and the Managing Editor of www.commodityresearch.in. Chinese economy is already three times larger than the Indian one. China has seven times more Internet users and ten times more mobile phone users. While China has a trade surplus amounting [...]

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Knowledge-based Economy? China’s Patent Filings are Far Ahead of India

Monday, June 16, 2008

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According to the World Intellectual Property Organisation (WIPO) Patent Cooperation Treaty (PCT), the number of patents filed from India dropped from 831 in 2006 to 686 in 2007. That represented a decline of 17.45 per cent. India retained the 20th position it had in 2006. On the contrary, applications from China [...]

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