The bloody clash between Indian and Chinese troops in Ladakh last week has sparked a popular demand for the shunning of Chinese products, ranging from apps to mobile phones.
Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.
Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.
Getting shipments from China may only get tougher going forward, industry fears.
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.
The move comes following BSNL's cancellation of its previous tender, after home-grown companies complained to the government that the terms of the tender were prepared in a way to keep them out
Buying and promoting Chinese products and companies are not in national interest, and they should be boycotted, Swadeshi Jagran Manch (SJM) co-convener Ashwani Mahajan said
The sources said the proposal had already been discussed by the DEA and Sebi and is awaiting feedback from the Prime Minister's Office (PMO).
The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.
Here's a selection of Business Standard opinion pieces for the day
India imports about $70 billion worth of goods from China, mostly manufactured goods.
By blaming China, we give a free pass to our political leaders, who have kept us poor, weak, and stupid.
Food has the potential to draw out the knives for nationalist, regional, nutritional or mere family hospitality reasons
Association of school principals called for boycott of Chinese goods in light of continuing tension