Friday, November 12, 2010

India a dumping ground for Chinese goods: BHEL

Bharat Heavy Electrical Ltd alleged Chinese companies were looking at India as a dumping ground rather than seeing it as a competitive market.

Raising concerns over the challenges faced by the firm, A V Krishnan, executive director of the Tiruchirappalli complex, said, "Our margins have suffered heavily because of the entrance of Chinese firms. We like healthy competition but those firms are just dumping their products in the Indian market."

ref:
http://sify.com/finance/india-a-dumping-ground-for-chinese-goods-bhel-news-equity-klnckiadjha.html

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