China’s Chint Group claims 70% transformer market share in Pakistan

Chint Group, one of China’s leading industrial electrical equipment and new energy enterprise in the private sector has said its power transformers hold a 70% market share in Pakistan, according to UrduPoint.

“We are expanding our global operations in response to the Belt and Road Initiative, with our high and low voltage equipment and general contract services entering 80 percent of the countries and regions related to the initiative,” Nan Cunhui, chairman and founder of Chint told China Daily, reports UrduPoint.

The group has established factories, R&D centres and marketing branches in about 80 countries in Europe, North America, South America, the Middle East and the Asia-Pacific region.

Source: UrduPoint