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N-trade to benefit over 600 firms: Ficci
BS Reporter in New Delhi
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September 29, 2008 10:28 IST

The recent NSG waiver, which has opened a new window for nuclear commerce in India, will benefit over 600 domestic and international firms and help draw over Rs 180,000 crore (Rs 1,800 billion) in foreign investment over the next 10-15 years, according to the Federation of Indian Chambers of Commerce and Industries (Ficci).

As many as 400 firms are seen as potential beneficiaries of the private sector entry into nuclear power generation in India, Ficci said in a statement.

"There is expectation that another 200 medium and small firms will get into the act as ancillary producers to big companies, giving a new direction to efficient and cheaper power production in the country," said Amit Mitra, secretary general, Ficci.

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