Maharashtra puts on hold 3 Chinese projects: media report

A recent media report has said that the Uddhav Thackeray government in Maharashtra has paused three projects signed with Chinese companies days after the India-China clash at Ladakh in which 20 Indian soldiers were killed.

The media report published in a reputed news website said that the projects, with proposed investments worth over Rs 5,000 crore, were finalised at the recent “Magnetic Maharashtra 2.0” investor meet held just before the border fight.

The report quoted the Maharashtra Industry Minister Subhash Desai as saying: “Yes, the decision was taken after consulting the centre. We have put the projects on hold and are waiting for further directives from the centre.”