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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: JPR who wrote (2803)	9/20/1998 9:56:00 PM
From: Mohan Marette	Respond to of 12475

Denso (Japan) To Build Autoparts Plants In India JPR: This just in from Tokyo,interesting to see new investments still coming into the country. ================================================ Sept.21,98 TOKYO (Nikkei)-Denso Corp. will construct two factories in India by the end of 1999 to produce auto engine parts and car air-conditioner parts such as condensers. Total investment is set to reach 10 billion yen, with completion slated for summer 1999. The air-conditioner parts factory will be built in Bangalore in southern India, where Toyota Motor Corp. (7203) is set to start assembling cars with local business group Kirloshar. Denso plans to tie up with the Kirloshar group on the air-conditioner parts production, establishing the joint venture by the end of this year. The venture would supply the Toyota-Kirloshar plant which will start manufacturing at the end of next year. The engine parts plant will be constructed in the New Delhi area. Denso will supply parts to Maruti Udoyog Ltd., an affiliate of Suzuki Motor Corp., (7269), and hopes to expand the business to other foreign automakers investing in India, including Honda Motor Corp. (7267) and Bayerische Motoren Werke AG (BMW). Aisin Seiki Co. (7259) is also considering setting up a joint venture to make car door parts in the Bangalore area with an estimated investment of 500 million yen. It would be the company's first factory in India. source:Nekkei/ (The Nihon Keizai Shimbun Sunday edition)

To: JPR who wrote (2803)	9/21/1998 12:17:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

This is most unfortunate!!!!!!! JPR: Say what happened to you today? Must be watching the tape,eh? I don't understand how any country can humiliate their President/Prime Minister (be they from whatever party) like this in public,this is most unfortunate! Not only this is humiliating to the man but also to the people and above all the country.I am quite sure this will go down in the nation's history as one of its lowest points. Quite damaging indeed for the future Presidency and the country's standing among nations. PS: I am sure they wouldn't have dared to do it to Presidents Johnson or Bush,if they did somebody would have gotten their ass kicked. I remember a few years ago someone asked President Bush about an alleged affair on TV and Bush pretty much told him to get the hell out there if that was going to be the tone of the interview.