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India looks for sound funding as it targets infrastructure

May 5, 2017

By: Simon Mundy

(Financial Times) Six days a week, Sigma Electric's factory in the western Indian industrial hub of Pune is filled with deafening crashes, roars and hisses as aluminium is melted before being cast into specialised components by dozens of heavy machines.

But every Thursday, the plant falls silent — a victim of "load shedding" by the municipal government, which regularly cuts off electricity to manufacturers to ease the strain on the city's creaking power infrastructure...


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