外文标题：Indian steel manufacturing firms eye Chinese technology
BEIJING: Top Indian steel manufacturing firms are eyeing Chinese technology and low-cost equipment as India's steel capacity is expected to soar in the next 15 years, driven by growth in infrastructure construction in the the country.
"We will need Chinese equipment and technology suppliers for our steel industry's growth, since China has a mature steel industry after decades of development," said T V Narendran, managing director of Tata Steel.
“我们需要中国的设备和技术供应商服务于我们钢铁行业的增长。经历了数十年的发展后，中国已经有了一个成熟的钢铁行业。”塔塔钢铁的总经理T V Narendran如是说。
India now has 80 million metric tons of steel production capacity and it is expected to grow to 300 million tons in the next 15 years in tandem with the pace of economic development as the country embarked on massive expansion of infrastructure.
China is now facing severe overcapacity in the steel industry, which has been hit by weak demand and continued losses.
Narendran said India's steel industry will continue to grow on the strength of the government's decision to focus on infrastructure construction.
"For Chinese steel companies facing overcapacity problems in their domestic market, it can be a good idea to invest in India," said Narendran, adding that India's steel market is open to foreign investors.
Indian and Chinese businesses looked to enhance tie ups specially in the back drop of improved relations as well as high profile visit of Chinese President, Xi Jinping to India during which China has committed USD 20 billion investments to build two industrial parks as well as modernisation of railways.
VENU Chennai (Chennai)
The idea is welcome if these firms can cost and retain quality at same time.
Land ..labor and taxation need to be given great importance..simplify these issues.. All friendly states having huge coast line should be working on STEEL MILLS.
Harmohinder Singh (Rupnagar, Punjab, India)
Growth needs infrastructure ie well augmented and flourishing steel industries. Good idea to harness Chinese technology.
Prof D P Sharma (Unknown)
Why don't Indian firms spend on R&D to develop their own technology.?
rajiv agrawal (LONDON)
IT SEEMS EVEN TATAS CANNOT COMPETE WITH THE CHINESE.....DONT KNOW WHATS GOING TO HAPPEN IN INDIA AT THIS RATE....
Hemant Singh (Noida, India)
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Nitesh Raja (Bhubaneshwar, Orissa, In)
we indians have a very big problem .. we always look for jugaad .. we never want to develop any thing we just only to earn profit by commission india should come out of this attitude other wise we will get into very big problem.... and at the end of day blame the government
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