BHEL Shares Slip 0.7% As India Relaxes Curbs On Chinese Equipment Imports

Bharat Heavy Electricals Ltd (BHEL) shares declined 0.7% in Wednesday’s trade following news that India has relaxed curbs on importing Chinese equipment for power and coal projects. The decision marks a significant policy shift, potentially reshaping the competitive landscape for domestic manufacturers.  

The easing of restrictions comes amid India’s efforts to accelerate infrastructure development and ensure timely execution of energy projects. While the move may reduce costs and improve supply chain efficiency, it also raises concerns about the impact on local companies like BHEL, which have long benefited from protectionist measures.  

Key highlights from the market update include  

• BHEL shares down 0.7% after policy change  
• India eases curbs on importing Chinese equipment for power and coal projects  
• Decision aimed at improving supply chain efficiency and reducing costs  
• Concerns emerge over increased competition for domestic manufacturers  
• Policy shift could reshape India’s energy infrastructure landscape  

Analysts note that while the easing of restrictions may benefit project execution timelines, it could pressure margins for Indian equipment makers. The development underscores the government’s balancing act between supporting domestic industry and meeting ambitious energy infrastructure goals.  

Sources: Reuters, Economic Times, Business Standard, The Hindu BusinessLine