India will not allow Chinese companies to participate in highway projects: Nitin Gadkari

NEW DELHI: India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday.

He also said the government will ensure that Chinese investors are not entertained in various sectors like MSMEs.

"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," Mr Gadkari said in an interview. The Road Transport, Highways, and MSME minister said the policy will be out soon banning Chinese firms and relaxing norms for Indian companies to expand their eligibility criteria for participation in highway projects. (Source NDTV)

Also Watch: CPI(M) Protests against Fuel Price Hike in Naharkatia