Tag: Forbes India blog

GE Will Not Chase Nuke Business if Laws Don’t Change

DINESH NARAYANAN – One big multinational is almost certain to be out of the race for nuclear energy business in India. On Wednesday I had met John Flannery, outgoing President and Chief Executive Officer of GE in India for a chat before he left for his new assignment: finding targets for the company to buy. Flannery said GE will rather give up business than play within India’s civil nuclear liability rules.