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Won't allow companies from country that bars Indian firms: Piyush Goyal

Warning seen as targeting China, which does not approve foreign investment in electricity grids

Press Trust of India  |  New Delhi 

Power Minister Piyush Goyal on Tuesday said he "will not allow" any company to come to India from a country that does not permit an Indian firm to do business there — a warning seen to be targetted at China. "Reciprocity should be there. Is India a punching bag that if you want then you can come and invest in India and earn and Indian companies cannot come and earn in your country. We believe in reciprocity and it is also a display of our strength," the minister said. While Goyal did not name any country, the comments follow media reports that India may soon ...

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First Published: Tue, May 23 2017. 18:07 IST
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