Nov
30
2009
NEW DELHI, NOV 29:THE Union government is considering imposition of safeguard duties on power equipment from China, Mr Vilasrao Deshmukh, Minister for Heavy Industries and Public Enterprises, Indicated here,
Manufacturers are facing a tough time competing with the highly-subsided power equipment, and hence cheaper imports, from china.
The Ministry has communicated to the Finance Ministry in this regard, he revealed.
“It is creating a lot of problems for BHEL. They can’t use our land as a dumping ground. We have to protect our businesses,” the Minister stressed.
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