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DPIIT against any Chinese linked companies in public projects


DPIIT against any Chinese linked companies in public projects
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Opposes The DPIIT, in a June 28 communication to the DoE, said it has received representations from stakeholders alleging that the June 8 clarification is against the basic purpose and intent of the earlier order issued last year in July.
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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 l ....

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