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Nitin Gadkari: Chinese firms will not be allowed to participate in Indian road projects

Amid border tensions with China, the government on Monday banned 59 mobile apps including Tik Tok, UC Browser and ...
Nitin Gadkari: Chinese firms will not be allowed to participate in Indian road projects

Amid border tensions with China, the government on Monday banned 59 mobile apps including Tik Tok, UC Browser and other Chinese apps "prejudicial to sovereignty and integrity and defence" of the country. All the apps banned have some preferential Chinese interest and majority have parent Chinese compes.

Union Minister Nitin Gadkari said on Wednesday said that India will now stop entertaining Chinese investors in various sectors like Micro, Small and Medium Enterprises.

"We will not give permission to joint ventures that have Chinese partners for road construction. We have taken a firm stand that if they (Chinese companies) come via joint venture in our country, we will not allow it," Gadkari told PTI in an interview.

The central government will soon launch a policy to exclude Chinese firms and relaxing norms for Indian companies to make it easier for them to enter these big-ticket projects. However, the new policy will only pertain to future and ongoing tenders. Previous projects where Chinese companies are already engaged will not be affected, he said.  


 

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