DPIIT against any Chinese linked companies in public projects

The Department for Promotion of Industry and Internal Trade (DPIIT) wants the Department of Expenditure (DoE) to withdraw a relaxation allowing domestic companies that have technology transfer arrangements with Chinese companies to bid for public projects, wary of a backdoor entry by entities from across the border.

This relates to a June 8 office memorandum issued by the DoE that said last year’s order wouldn’t apply to domestic bidders having transfer of technology (ToT) arrangements with entities from a country sharing a land border with India. The government last year restricted companies based in nations sharing a land border with India from investing in the country and participating in public projects. The measures were aimed largely at Chinese companies.