SME Times is powered by   
Search News
Just in:   • India-New Zealand are working toward early conclusion of trade agreement: Piyush Goyal  • Assembly polls: Bihar records 13.13 per cent voter turnout in first two hours  • Panel formed to finalise new wage pact for TN's Tiruppur knitwear workers  • India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes  • Piyush Goyal to reach New Zealand tomorrow to speed up trade talks 
Last updated: 11 Jul, 2020  

Train.9.Thmb.jpg Don't allow Chinese firms in Train 18 project: CAIT

Train.9.jpg
   Top Stories
» India-New Zealand are working toward early conclusion of trade agreement: Piyush Goyal
» Panel formed to finalise new wage pact for TN's Tiruppur knitwear workers
» India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes
» Piyush Goyal to reach New Zealand tomorrow to speed up trade talks
» PM Modi inaugurates ESTIC 2025, launches Rs one lakh crore RDI Scheme Fund
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."

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter