Urban transportation could soon see the entry of a Chinese entity, even as steel and power sectors are apprehensive of awarding projects to Chinese companies.
Railway vehicle manufacturer China Railway Rolling Stock Corporation (CRRC), which was disqualified by Metro-link Express for Gandhinagar and Ahmedabad (MEGA), has legally fought its way back to bid for the Rs 10,733-crore Metro rail project.
MEGA had disqualified the company as it was a merger of two state-run companies — CSR Corporation Ltd and CNR Corporation Ltd. It said the Chinese company cannot qualify with the expertise of its subsidiary companies, and there has to