Category : Business and economicsPublished on: January 12 2026
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The Finance Ministry is considering scrapping five-year-old curbs on Chinese firms participating in Indian government tenders, following requests from ministries facing shortages and project delays.
Introduced in 2020 after a deadly border clash, the rules required Chinese companies to register with a government panel and obtain political and security clearances, effectively excluding them from contracts worth an estimated $700–750 billion.
Government sources said officials are working to eliminate the registration requirement, with the final decision resting with the Prime Minister’s Office, as India looks to revive commercial ties amid easing border tensions.