“印度拟取消中企参与政府合同竞标限制”

Group 1 - The Indian government plans to lift restrictions on Chinese companies participating in government contract bids, which have been in place for five years since the 2020 border conflict [1][2] - The total value of government contracts affected by these restrictions is estimated to be between $700 billion and $750 billion [1] - A senior committee led by former cabinet secretary Rajiv Gauba has recommended easing these restrictions due to shortages and project delays caused by the 2020 measures [2] Group 2 - Following the implementation of restrictions, the amount of new projects awarded to Chinese bidders dropped by 27% year-on-year in 2021, falling to $1.67 billion [2] - The restrictions on Chinese power equipment imports have hindered India's plans to increase thermal power capacity to approximately 307 GW over the next decade [3] - Market concerns about increased competition from Chinese firms led to a decline in stock prices for Indian companies such as Bharat Heavy Electricals Limited (BHEL) and Larsen & Toubro, with drops of 10.5% and 3.1% respectively [3]