Yeddyurappa woos Chinese investment

On a mission to attract investment for infrastructure projects, Karnataka Chief Minister B. S. Yeddyurappa’s business delegation to China has found itself facing a battle to change Chinese perceptions of the difficulties of investing in India.

Mr. Yeddyurappa is visiting Beijing, Shanghai and Guangzhou with a sales pitch that is showcasing a number of new infrastructure projects in the State looking for investment from manufacturing companies. A number of Chinese companies have already invested in Karnataka, most famously Chinese telecom giant Huawei, which has a $100 million R&D centre in Bangalore.

http://beta.thehindu.com/news/states/karnataka/article15772.ece

CLOSE
CLOSE