Economy & Market
JSW cuts Chinese imports
JSW Group says that it will cease $400m/year worth of imports of Chinese equipment and materials due to Chinese military activities on the Sino-Indian border in Kashmir. Managing director Parth Jindal said, "The unprovoked attack by the Chinese on Indian soil, on our brave jawaans has been a huge wakeup call and a clarion call for action." Amongst the leading conglomerates in India, JSW Group is a $12 billion company. It is an integral part of the O. P. Jindal Group.