SME Times News Bureau | 11 Jul, 2020
The Confederation of All India
Traders on Saturday urged the Centre not to allow Chinese firm's
participation in the global tender for semi-high speed indigenous train
project of Indian Railway.
The development comes as a part of its
"boycott Chinese" products and services campaign in the light of
growing border tensions between the two Asian giants.
Consequently,
CAIT in a communication sent to Union Railways Minister Piyush Goyal
urged him not to allow Chinese state owned firm CRRC Corporation to
participate in global tender for semi-high speed indigenous -- Train 18
-- project.
"The total worth of the project is more than Rs 1,500 crore for 44 Vande Bharat Express Trains," CAIT said in a statement.
"Since
this project of Indian Railways is a part of 'Make in India' call of
Prime Minister Narendra Modi, therefore considering this fact and the
current critical period, it will be most appropriate not to consider the
said Chinese company for the rail project and rather emphasis should be
laid more on Indian companies who have been shortlisted for this
project-said both trade leaders."