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Govt gives nod to 18 Chinese firms to set up base in India

Industry Economy

The Union government has cleared 18 applications that were received from Chinese firms since June 2014 to either set up project offices, branch offices or liaison offices in the country. Several of these applications belong to power sector, some from construction companies and a few from petroleum companies. The list also includes an airlines company and a prominent tyre manufacturer.

Extracted from FE, Aug 18,’15

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