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Paytm boss Vijay Shekhar says ban on 59 Chinese apps 'bold step in national interest'

Paytm founder Vijay Shekhar Sharma has made a statement on India banning 59 Chinese apps including popular ones like TikTok, UC Brower, WeChat, Shareit, others saying the move by the Government of India is in the national interest.

India TV Business Desk India TV Business Desk
New Delhi Updated on: June 30, 2020 15:10 IST
Paytm, Chinese apps banned in India, 59 chinese apps banned, TikTok, WeChat, UC Browser, Shareit
Image Source : FILE PHOTO

Paytm founder Vijay Shekhar Sharma has welcomed the government's move to ban Chinese apps saying it's a bold step in the national interest.

Paytm founder Vijay Shekhar Sharma has made a statement on India banning 59 Chinese apps including popular ones like TikTok, UC Brower, WeChat, Shareit, others saying the move by the Government of India is in the national interest.

Paytm which is run by Indian company One97 Communications Ltd -- a leading mobile internet company -- has investments by Chinese companies. India's one of the most popular digital payment services and e-commerce app Paytm has major investments from Chinese companies such as Alibaba and Ant Financial.

However, giving his reaction on the government banning Chinese apps, Vijay Shekhar Sharma it is a "bold step in the national interest."

Taking it to Twitter, Paytm boss Vijay Shekhar Sharma wrote, "Bold step in the national interest. A step towards Atmanirbhar App ecosystem. Time for the best Indian entrepreneurs to come forward and build the best by Indians, for Indians!" (ये है भारत की डिजिटल क्रांति)

India bans 59 Chinese apps including TikTok, WeChat, SHAREit others

On Monday, the government banned 59 Chinese apps in India. The latest move by the Indian government was hailed by social media users terming it as Modi government's #DigitalAirStrike. The apps were banned as they harm "India's sovereignty as well as the privacy of its citizens." Ever since 20 Indian soldiers were martyred during a face-off at the LAC in Ladakh, wrath against the Chinese has been immensely increasing.

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