A few days ago, the government of Andhra Pradesh, India publicly announced that it was preparing to build a large-scale steel plant project locally, and plans to be able to produce 3 million tons of steel from this steel plant every year. It is worth mentioning that the Indian government of Andhra Pradesh hopes to reach a relationship with Chinese companies to jointly build this planned steel plant.
It is reported that the reason why the government of Andhra Pradesh in India hopes to cooperate with Chinese enterprises is mainly because India believes that China's steel smelting equipment is relatively cheap and the steel smelting technology is also very advanced. Therefore, once this steel plant is built, then India At least billions of dollars will be saved. At present, all domestic private Qingshan Industries and subsidiaries of China Metallurgical are building steel plants in India, so it is very likely that India's Gangmian will take the initiative to contact Chinese companies.
According to the budget of the Andhra Pradesh government in India, if the construction of the steel plant is completed, the output value of the first phase is likely to exceed 1 billion US dollars. After all, iron ore and other mineral deposits in India are very rich. Mining, then India's steel plant capacity will show an unprecedented increase. Of course, the steel plant planned by the Andhra Pradesh government in India has a total of three phases. If all three phases are completed, the total output value of the steel plant will reach about 10 billion US dollars per year. As a result, the residents around the steel plant Living income will also increase significantly, so it is very likely that the Indian side will eventually hand over the project to Chinese enterprises.
In fact, the government of Andhra Pradesh in India has a good idea, but the result is not the same. Some people pointed out that in May this year, in order to cooperate with the US sanctions, the Indian government directly ordered the ban on the export of pork and other products to China, and at the same time investigated and shelved Chinese exports to India. It has caused great economic losses, so the Liangzi of China and India have actually been forged. Although India has now recognized the previous wrong move, judging from the unpredictable attitude of the Indian government, the relationship between the two sides is estimated to be difficult to alleviate in a short time. However, if India can fully recognize the previous wrong behavior, then China and India still have the opportunity to re-cooperate.
