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“The Confederation of All India Traders (CAIT) which is leading the national campaign for boycott Chinese goods today came down heavily on Maharashtra Government for entering in MOU with three Chinese Companies worth about Rs. 5000 crores under Magnetic Maharashtra 2.0 program. Demanding immediate cancellation of these MOUs, CAIT Secretary General Praveen Khandelwal said that such an act of Maharashtra Government at a time when entire Country is boiling against China is totally uncalled for and much against the vision of Balasaheb Thackeray who was a true patriot. Khandelwal also criticised double standards of Congress when its top leaders are questioning the Prime Minister whereas on the other hand Congress is hand in glove with Shivsena and shaking hands with Chinese Companies.”
“CAIT National President B. C. Bhartia & Secretary General Praveen Khandelwal said that as per information available, all the three Chinese companies- Hengli Engineering, PMI Electro Mobility Solutions JV with Photon and Great Wall Motors will invest in Talegaon in Pune district. Hengli Engineering will invest Rs 250 crore, PMI will invest Rs 1,000 crore in the auto sector & Great Wall Motors will set up an automobile company with investment of Rs 3,770 crore.”
