Explorer

Chinese Firms Barred From Highway Projects, Rebidding To Be Done In Case Of Joint Ventures: Nitin Gadkari

Nitin Gadkari said that soon a policy with several relaxations will be rolled out which will allow Indian companies to expand their eligibility criteria for participation in highway projects.

In another major decision within a week, the Government of India has decided to ban Chinese companies from participating in Indian highway projects, including the joint venture assignments. 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 (MSMEs). ALSO READ | App Ban Not Enough, China Needs To Be Given Befitting Reply, Says Mamata Banerjee The move comes in the backdrop of border standoff between India and China in the Galwan valley along Line of Actual Control where at least 20 Indian soldiers lost lives. The incident triggered a massive outrage against China, inviting anti-China sentiment and call of boycotting Chinese firms from Indian projects. As quoted in a report of news agency PTI, the Road Transport, Highways and MSME minister have said that India has taken a firm stand and will not allow Chinese companies, including those through joint ventures. "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 a joint venture in our country, we will not allow it," Gadkari said on Wednesday amid border standoff with China. The minister added that soon a policy with several relaxations will be rolled out which will allow Indian companies to expand their eligibility criteria for participation in highway projects. The government will also release decisions regarding current and future tenders while rebidding would be done if there are any Chinese joint ventures, said Gadkari. ALSO READ | BCCI To Decide On Chinese Sponsorship In IPL Keeping In Mind "Best Interest Of Cricket, Country" "We have taken a decision to relax norms for our companies to ensure that they qualify in bidding in large projects. I have directed the Highways Secretary (Giridhar Aramane) and NHAI Chairman (SS Sandhu) to hold a meeting for relaxing technical and financial norms so that our companies can qualify to work," he said. Amid heightened border tensions with China, the government on Monday had banned 59 apps, mostly having Chinese links, citing threats to national security, integrity and sovereignty of India. ALSO WATCH | India-China Talks Updates: China not showing positive outcomes?
View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Phil Salt
₹11.50 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.50 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.50 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Maharashtra CM To Be From BJP, Two Deputies, Oath-Taking Likely On Dec 2 — What We Know So Far
Maharashtra CM To Be From BJP, Two Deputies, Oath-Taking Likely On Dec 2 — What We Know So Far
Court Agrees To Hear Petition Claiming Ajmer Dargah As Shiv Temple, Summons Dargah Committee, ASI
Court Agrees To Hear Petition Claiming Ajmer Dargah As Shiv Temple, Summons Dargah Committee, ASI
'Never Had Disagreements In Mahayuti': Fadnavis Says After Shinde Leaves CM Post Decision To BJP
'Never Had Disagreements In Mahayuti': Fadnavis Says After Shinde Leaves CM Post Decision To BJP
Retired Bureaucrats, Judges Seek PM Modi's Intervention After Chinmoy Das' 'Unjust' Arrest In Bangladesh
Retired Bureaucrats, Judges Seek PM Modi's Intervention After Chinmoy Das' 'Unjust' Arrest In Bangladesh
Advertisement
ABP Premium

Videos

Sambhal Clash: Silence spread in Hindu Kheda area near Jama Masjid, houses locked...people missingABP News: Big news on Devendra Fadnavis, Eknath Shinde, Maharashtra Elections, Sambhal CaseSambhal Masjid Clash: Why was Kashmir mentioned amid Sambhal violence? Watch the report | ABP NewsMP News: How right or wrong is the ban on Muslim shops during Maha Kumbh? | ABP News | Hindi News

Photo Gallery

Embed widget