India won’t import power equipment from China:

News:
  • India is considering a range of economic measures aimed at Chinese firms amid the border tensions.
  • Union Power Minister said India will not import power equipment from China.
  • The power sector being strategic and essential, was vulnerable to cyberattacks.
More from the Union Minister of Power:
  • Equipment imports from China and Pakistan would not be permitted.
  • The State power distribution companies should not place orders with Chinese firms for equipment.
  • Country’s power equipment import bill was about ₹71,000 crore during 2018-19.
  • India purchased worth over ₹20,000 crore power equipments from China.
From Other Areas:
  • Minister for Road Transport and Highway said Chinese companies would not be allowed to take part in road projects.
  • Reports have said the government is considering trade and procurement curbs targeting China.
  • The government is also increasing scrutiny of Chinese investments in many sectors, and weighing a decision to keep out Chinese companies from 5G trials.




Posted by Jawwad Kazi on 4th Jul 2020