The national sense of anger against China following the Galwan clash of June 15 is now spreading to corporate India.
Parth Jindal, the MD of JSW Cement and Paints, tweeted on Thursday that the JSW Group would bring down its imports from China, worth $400 million annually now, to zero in the next 24 months. Parth Jindal described the "unprovoked attack by the Chinese" as a "huge wake up call and a clarion call for action". Parth Jindal tweeted, "The unprovoked attack by the Chinese on Indian soil on our brave jawaans has been a huge wake up call and a clarion call for action - we @TheJSWGroup have a net import of $400mn from China annually and we pledge to bring this down to zero in the next 24 months #BoycottChina."
The unprovoked attack by the Chinese on Indian soil on our brave jawaans has been a huge wake up call and a clarion call for action - we @TheJSWGroup have a net import of $400mn from China annually and we pledge to bring this down to zero in the next 24 months #BoycottChina
— Parth Jindal (@ParthJindal11) July 2, 2020
Parth Jindal is the son of Sajjan Jindal, MD of the JSW Group. The JSW Group is estimated to be valued at $14 billion and has interests in sectors such as steel, cement and energy.
Parth Jindal is not the only corporate titan to raise the banner of 'independence' from China for materials. On June 30, Anand Mahindra, chief of the Mahindra group, tweeted that "India Inc. will rise to the occasion" as he responded to a Chinese journalist who alleged that there was little that India manufactured.
