Explained: How Chinese firms won some of India's recent PSU tenders

With the ongoing border tension pushing India to re-think its dependence on Chinese imports, the clamour to depend on domestic companies is getting louder. But a closer look at some of the tenders awarded by the public sector undertakings to Chinese companies in the past six months tells a different story.   India’s public sector undertakings (PSUs), such as Steel Authority of India (SAIL) and Bharat Heavy Electricals (BHEL), also import from China. Besides, India’s sourcing from China may not necessarily be for cost-effectiveness alone but also for the lack of domestic .....

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