JSW Cement Managing Director Parth Jindal on Thursday said its family-owned Group will bring down USD 400 million worth of imports from China to zero in the next 24 months.
Referring to the recent clash between Indian and Chinese troops in the Galwan Valley, he said the “action” is a result of what the latter did on Indian soil.
The USD 14-billion JSW Group, owned by Parth’s father Sajjan Jindal, has presence in core sectors of steel, energy, cement and infrastructure.
The group will boycott goods worth USD 400 million, which it imports from China annually, Parth said in a tweet.