Wednesday, June 18, 2008

CHINESE WORKERS IN INDIA

Now this may come as a surprise to many!!!!!
Indian companies hiring Chinese workers in India!!!!!!!!

Chinese manufacturing costs are amongst the lowest in the world.
Chinese Capital goods companies are competing with their Indian counterparts, to supply equipment to upcoming power plants and mega power projects in India

A combination of shortage of 'technically qualified' manpower and competitive product pricing appears to be the major challenge for the Indian manufacturing and EPC (engineering procurement construction) sector.

WATCH THIS SPACE!!
http://www.thehindubusinessline.com/2008/06/16/stories/2008061650990100.htm
http://www.thehindu.com/2007/07/09/stories/2007070956840300.htm
http://www.rediff.com/money/2008/jan/21china.htm

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