India strongly asks states to not to go for Chinese power equipment & produce domestic power equipment to cut its Rs 71,000 crore import bill
BY Vijay Thakur, Special Representative, The Statesman, vijaythakurx@gmail.com
In another big jolt to China, the Indian Government has asked its states to avoid buying power equipment from china and cut its import bill by Rs 71,000 crore, which is spent on purchasing of power equipment.
Though India has taken a logic that all these were being done due to the strategic nature of the industry. Union Power Minister R K Singh while addressing its state power ministers further warned that all imported equipment would be subjected to "stringent testing to check the influx of malware like Trojan".
The move is likely to further hit Chinese power equipment manufacturing industry, which has nearly 30 % of the market share. In 2018-19, India had purchased equipment worth Rs 20,000 crore from China.
In another big jolt to China, the Indian Government has asked its states to avoid buying power equipment from china and cut its import bill by Rs 71,000 crore, which is spent on purchasing of power equipment.
Though India has taken a logic that all these were being done due to the strategic nature of the industry. Union Power Minister R K Singh while addressing its state power ministers further warned that all imported equipment would be subjected to "stringent testing to check the influx of malware like Trojan".
The move is likely to further hit Chinese power equipment manufacturing industry, which has nearly 30 % of the market share. In 2018-19, India had purchased equipment worth Rs 20,000 crore from China.
Though the Minister did not say India is banning Chinese equipment, he meant that only, claims sources in the Power Ministry. He said the power sector is a strategic sector should have domestic production. “Sector being strategic in nature is vulnerable to a cyber attack. Imported equipment would be subjected to testing to check the influx of malware like Trojan," he told states.
Addressing all the State Power Ministers through video conference, Union Minister of Power and Renewable Energy also highlighted the need of PM’s Atma Nirbhar Bharat Abhiyan in the power sector.
He said that India's import bill for purchasing power equipment was around Rs.71,000 crore in the year 2018-19, which include Rs 20,000 crore's import from China. “It should be our sincere endeavour to promote manufacturing of power infrastructure equipment within the country,” the Minister said.
Vijay Thakur, Special Representative, The statesman
No comments:
Post a Comment