Staff Reporter | 11 Jul, 2008
A delegation of industrialists, led by the Coimbatore Industrial Infrastructure Association (CIIA), who returned after a tour of China said Industries in India can acquire the global competitive edge and compete well like their Chinese counterparts if the Indian government provided facilities being extended by the Chinese government to its industry.

In China, roads, drainage, transportation and other facilities are created by the Government only. And also power at concessional rates, some of industrialists, who recently visited that nation, said.

As part of the global competency drive, Chinese government has provided total support for developing the infrastructure for the foundry and other connected industries, G Rajendran, president of CIIA, a foundry cluster said.

Being the mother industry for all engineering industrial units in India, foundry sector should be provided with power at concessional rates, as was given in China, he said.

This concessional rates would help to reduce manufacturing cost, leading to global competitiveness, particularly with China, Rajendran said.

As against Rs 4.75 per unit of power provided to SSI units in India, the charges were fixed according to the usage time in China, he said.

China has three different slabs such Rs.6.60 during day time, Rs.3.60 and Rs.1.20 for night and late night respectively, Rajendran added.