India buying lots of Chinese companies..!? Crore Project..!

Sowmiya Sriram
India buying lots of Chinese companies..!? Crore Project..!
More than 50 percent of infrastructure projects in india are behind schedule and one in four projects cost more than the estimated budget. Not only to overcome all these problems but also to attract more Chinese companies and make it easier for companies from trading countries of the world to set up manufacturing bases in india, the central government has created an Rs. 100 Lakh Crore scheme is going to yield big results.
Modi government's Rs 100 lakh crore PM Gati shakti scheme to connect 16 ministries through a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital platform is set to bring about a big change. These 16 Ministries can do Tizen, Approval, and Appraisals for all infrastructure projects on this wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital portal of the PM Gati shakti Scheme. The Gati shakti project is basically to provide a fast yet cost-effective process to new companies.
Such projects will greatly benefit new foreign companies. This speedy approval process is a jackpot for companies exiting china and for countries around the world that have adopted the principle of china Plus One. Similarly, most states in india have also expedited the allotment of land for new enterprises.Above all, there is huge profit potential for companies from all sectors to come to india due to the abundance of skilled workers.
 The Gati shakti platform currently has 1300 projects, of which 40 percent of projects attract high costs through land acquisition, and forest and environmental protection approvals. To speed up this, the central government is currently looking at the work to fix the problems involved.
With the number of companies moving out of china increasing day by day, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital projects like these will pay off in a big way. Recently, apple and samsung have reduced production in china and increased it in India.
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