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Indian media: Indian steel procurement large single in the exclusion of enterprises

publisherJudy

time2017/06/08

galvanized steel pipe
Indian media companies reported that Chinese companies were denied access to Indian state-owned natural gas Ltd. worth 30 billion rupees (about 3.17 billion yuan) due to the implementation of the "India priority" policy in government procurement. It is expected that Indian steel companies will win this large order, while Chinese suppliers are found to be too low. A spokesman for the Indian Gas Company said that as of now, the priority policy of domestic enterprises is for all bidders, although the details have not yet been made public. All future bids will also impose this condition.

Although the Indian Gas Co., Ltd.'s position did not specifically mention Chinese enterprises, but "Economic Times" said the move is a major blow to Chinese enterprises. The newspaper said that many Indian government officials and business executives said that those who refused to enter the Indian companies in the field, India should not allow Chinese companies to enter. They argue that China is dumping steel excess capacity to India. And the project will greatly promote the development of domestic iron and steel enterprises in India, and contribute to the realization of Prime Minister Moody's "Made in India" task. It is reported that India Gas Co., Ltd. to purchase the value of 30 billion rupees of steel, the first stage of 10 billion rupees.

Indian steel minister Singh told the newspaper that all central and state governments and state-owned companies worth more than Rs 5 billion will give priority to Indian domestic companies unless quality or quantity of domestic firms is not up to standard. "This is a whole new look and see how we can increase domestic steel consumption, and these guidelines will be applied to all future bids." Singh said India welcomes foreign companies to invest in India. "If there is technology transfer, then we welcome anyone to build factories in India."

Last month, the Indian government was being drafted a motion to ban Chinese companies in the field of Indian power, especially in the power transmission industry investment and cooperation. The reason is said that China in this area did not allow Indian enterprises or capital to intervene, and India also need to be vigilant, including China, including "sensitive countries" to control their lifeline industry. "Economic Times" reported on the 5th, according to Indian government sources, the Indian company's priority policy may not be limited to the implementation of steel and electricity sector. The Indian government has been studying more preferred ways of choosing a domestic company without violating international commitments.

A South Asian expert on the 6th of the "Global Times" reporter said that India has a big country concept, but the mind is sensitive. It is very contradictory, understand their own economic development is inseparable from China, China hopes to invest in the Indian market, but China is not enough trust, worried about a conspiracy, it is not enough confidence. In fact, the unitary work for a win-win situation.