China to invest over $6 bn in two industrial parks

China has plans to set up two industrial parks - one each in Maharashtra and Gujarat at an investment of over $6 bn. The foreign country will invest $5 bn in the industrial park in Pune alone, which will focus on automobile manufacturing, in phases over the next decade. The Pune park will spread across 6 sq km, and the park that will come up near Ahmedabad in Gujarat, w+ill encompass an area of around 10 sq km and will require investments in excess of $1 bn.