Hutchison Ports, the world's largest container port operator, has decided not to operate in India after a series of battles with local authorities, the Financial Times reported
According to the report, Hutchison's parent company's close links with Chinese authorities made it appear a national security risk to India.
Furthermore, authorities in India asked for between 40 percent and 50 percent of turnover.
According to the report, Hutchison's parent company's close links with Chinese authorities made it appear a national security risk to India.
Furthermore, authorities in India asked for between 40 percent and 50 percent of turnover.