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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-25-11 10:47 AM
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German Energy Company Hits Headwinds in India
for Enercon of Germany, one of the world’s biggest makers of wind turbines, India is shaping up as a disaster.

The company says it has just lost its entire Indian subsidiary, a major operation with annual sales of more than $566 million, after a dispute with a local partner and a run-in with Mumbai law enforcement authorities.

Enercon also says it has lost control of its patents in India and fears its technology could be appropriated by competitors in a country where wind energy is a big and growing market.

The case has caused diplomatic tensions and — at least in Germany — clouded the image of India, which many multinational companies see as a place that could eventually rival China for growth and business opportunities.

http://www.nytimes.com/2011/03/24/business/global/24enercon.html?_r=1

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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-25-11 12:10 PM
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1. what side is the usa going to take in the china-india war?
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