"China killing Indian manufacturing"

jan 11th, 2010

---------- Forwarded message ----------
From: Girish

http://business.rediff.com/report/2010/jan/11/china-killing-indian-manufacturing-says-l-and-t-chief.htm   "There are taxes on goods manufactured locally, but none on imported products (from China). This is an unfair situation for Indian goods. This is why there should be 25 per cent anti-dumping duty on Chinese products," Naik said.   "It is not good that 80 per cent of our dependence for power plant equipment is on one country, and that too China," he said, adding  that China should not be allowed to grow at the cost of Indian companies.