The Hindu Business Line : Foundry, engg sectors want Chinese-model support

COIMBATORE: Industries in India can acquire the global competitive edge and compete well like their Chinese counterparts if the Indian government provided facilities being extended by the Chinese government to its industry, a delegation of industrialists who returned after a tour of China said. In China, roads, drainage, transportation and other facilities are created by the Government only. And also power at concessional rates, some of industrialists, who recently visited that nation, said. As part of the global competency drive, Chinese government has provided total support for developing the infrastructure for the foundry and other connected industries, G Rajendran, president of Coimbatore industrial Infrastructure Association, a foundry cluster, wh o led the delegation, said.

Being the mother industry for all engineering industrial units in India, foundry sector should be provided with power at concessional rates, as was given in China, he said. The concessions would help in reducing manufacturing cost, leading to global comp etitiveness, particularly with China, Mr Rajendran said.

As against Rs 4.75 per unit of power provided to SSI units in India, the charges were fixed according to the usage time in China, he said. China has three different slabs such Rs.6.60 during day time, Rs.3.60 and Rs.1.20 for night and late night respecti vely, Rajendran claimed. -PTI

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