Hero Cycles' chairman Pankaj Munjal called off upcoming trade ties worth Rs 900 crore with China
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Amid rising tensions between India and China, Hero Cycles' Chairman-cum-Managing Director Pankaj Munjal on Friday announced cancellation of upcoming trade ties worth Rs 900 crore with China. Munjal, while talking with mediapersons said: "In the coming 3 months, we had to do business worth Rs 900 crore with China, but we have cancelled all those plans. This is our commitment to boycott Chinese products."