No investments from Chinese in highway projects of late
Transport Minister Gadkari says India will have to increase its exports and reduce imports
image for illustrative purpose
New Delhi: Union minister Nitin Gadkari has said that Chinese companies have not made investments in highway projects in India in recent times. Amid the border standoff with China, Gadkari, in July 2020, had said that India will not allow Chinese companies to participate in highway projects, including those through joint ventures.
To a query by PTI on whether Chinese companies have invested in India's highway projects in the recent times, Gadkari replied in the negative. However, he did not elaborate on the issue. Union Road Transport and Highways Minister Gadkari also said that India will have to increase its exports and reduce imports.
To another question on US-based electric car major Tesla's demand of reduction in import duties on electric vehicles (EVs) in India, Gadkari said: "The decision on giving any tax concession to Tesla will be taken by the finance ministry."
