The $8 bn China Steel Corporation (CSC), along with its co-investors, will invest $178 mn in a new plant to produce electrical steel in Bharuch district of Gujarat. It will be the second largest Taiwanese investment in India. It is learnt that China Steel's project is scheduled for starting test run in October 2013 after its commencement last month. The production line will annually produce 200,000 tonne of non-grain oriented electrical steel.Contact: China Steel Corporation. Tel: +886-7-802 1111. Fax: +886-7-803 0465. E-mail: email@example.com Website: www.csc.com.tw
Emergence of Integrated MEP business are basically encouraging small contractors as because in most of the cases the major equipments are bought by the developers (employer/client) and being given to the MEP contractors to erect or install. This type of projects are not suitable for large contractors as only erection sort of a job is left to be done which doesnt attract more much desired profits compared to the manpower investment. Also, from client/employer's point of view if they buy the major equipments themselves by taking engineering/technical help from consultants it will save them atleast 10 to 15% of value on each equiipments which the contractor might have costed for that particular project. Due to this reason MEP business is a big failure in eastern part of the country. But yes, Indian HVAC industry has a great future ahead.