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3 Chinese Projects On Hold By Maharashtra Government Worth Rs.5,000 Crores

‘Magnetic Maharashtra 2.0’ changed into an try to revive the financial system of the country post-COVID.

Amid the protests against China, the Maharashtra government has positioned 3 Chinese language offers worth Rs 5000 crores on keep.

The three MoUs were signed using the Udhhav Thackeray government on seventeenth June beneath the ‘ Magnetic Maharashtra 2.zero’ hours earlier than the conflict among Indian and Chinese troops on the Galway Valley. All three Chinese businesses- Hengli Engineering, PMI Electro Mobility solutions JV with Photon, and excellent Wall cars signed the deal to spend money on Talegaon in Pune district.

Maharashtra freezes 3 Chinese projects worth Rs 5,000 crore – The ...

‘Magnetic Maharashtra 2.0’ changed into an try to revive the financial system of the country post-COVID. 12 agreements were signed with the aid of the Maha Vikas Aghadi government which included agencies from Singapore, South Korea, US except for numerous Indian corporations.

Few Days lower back the Telecom Ministry additionally had requested BSNL, MTNL, and different subsidiaries to keep away from the Chinese language system in upgradation. similarly, the Ministry additionally directed all worried departments to make the acquisition of goods synthetic in India as their topmost priority as part of the Centre’s push for “Aatmanirbhar Bharat”.

In advance, the Indian Railways terminated an agreement well worth Rs 470 cr with China. The signaling agreement turned into a given to Beijing countrywide Railway research & design Institute of sign & conversation inside the year 2016.