Chapter 8A China Roadmap for Indian Companies
November 2020—The conference room of the Confederation of Indian Industry (CII) in New Delhi was being readied for a major event: a grand signing ceremony of two major deals that were to be announced that afternoon. The director general of CII was smiling quietly despite the stress of the last-minute arrangements. A consortium of companies from China's rail sector would be signing a joint venture agreement with Indian Railways for the manufacture and installation of high-speed locomotives and rolling stock that would transform the speeds of major express trains by a factor of three. The journey between Mumbai and Delhi would be reduced to less than four hours—similar to that between Shanghai and ...
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