China Business News: India blocks Huawei's plan to invest in ITI

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Latest News :2010.02.09 Search News Or

India blocks Huawei's plan to invest in ITI

Jun. 26, 2009 (China Knowledge) - The Indian government said it would not grant approval to China's Huawei Technologies Co Ltd to buy into three units of state-owned Indian Telephone Industries Ltd (ITI), the Economic Times reported on Wednesday.An anonymous official from the local government in India said that Huawei's proposed investment plan would require India to allow the company an unaccepta

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February 2010

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