India to let Chinese firms compete for government contracts after a five-year hiatus

4 months ago

(TibetanReview.net, Jan09’26) – In yet another major move to normalise business ties with China even as the border issue continues to fester, albeit with reduced tensions, India has decided to let Chinese companies compete for government contracts, reported Reuters Jan 8. The move is seen as borne of necessity and it by no means amounts to full opening of India for business to China.

Citing two government sources, the report said India’s finance ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts, as New Delhi seeks to revive commercial ties in an environment of reduced border tensions.

The curbs, imposed in 2020 after a deadly clash bet...

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