Govt eases curbs, lets state-run firms import critical equipment from China

India has authorized state-run firms, including Bharat Heavy Electricals and Steel Authority of India, to import critical equipment from China after easing restrictions imposed post-2020 border clashes. This move aims to address shortages and project delays. The government has also relaxed investment curbs on China, allowing these firms to procure specific equipment and components. This decision follows a broader effort to reset economic ties with China, including easing visa procedures and resuming direct flights, as India seeks to stabilize supply chains and attract investments.