Lawstreet Journal

India to ban Chinese companies from highway projects: Nitin Gadkari

Lawstreet Journal 2 Jul 2020 10:39pm

Image courtesy: Lawstreet Journal Executive India to ban Chinese companies from highway projects: Nitin Gadkari

Union Minister, Nitin Gadkari on Wednesday (2nd July 2020) said that India is not going to allow Chinese companies to participate in highway projects, including the ones through joint ventures. This comes amid the border standoff with China. 

The government is also going to make sure that Chinese investors are not entertained in various sectors like Micro, Small, and Medium Enterprises (MSMEs), according to Gadkari.

The union minister's statements seem to be of importance due to the border standoff between India and China in Ladakh. We lost 20 Indian Army personnel last month amid the border standoff. 

In an interview to PTI, Gadkari said, “We will not give permission to joint ventures that have Chinese partners for road construction. We have taken a firm stand that if the Chinese companies come via a joint venture in our country, we will not allow it.”

He further said that a policy will be out soon to ban Chinese companies and relax the norms for Indian firms to help expand their eligibility criteria for participation in the highway projects. 

At present only a few projects which were undertaken much earlier involve some Chinese partners. The new decision will be implemented in both current and future tenders.

He also said that they have decided to relax norms for Indian companies to ensure that they qualify in bidding in large projects. Adding that he has directed the Highways Secretary, Giridhar Aramane, and NHAI Chairman, SS Sandhu to hold a meeting for relaxing technical and financial norms so that Indian companies can… Continue Reading...

Tagged: Chinese Products  
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