The short video-sharing company said it has been invited to meet with concerned government stakeholders for an opportunity to respond and submit clarifications.
The communication has been kept "informal" as banning purchase of country-specific products would be in violation of the World Trade Organization (WHO) rules
Experts say now service providers may be told to block IP addresses
Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.
India's trade deficit with China is on a downward trajectory, and hit a 5-year low in FY20 due to lower imports and higher exports, but trade deficit with Hong Kong continues to rise.
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.
Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.
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 sources said the proposal had already been discussed by the DEA and Sebi and is awaiting feedback from the Prime Minister's Office (PMO).
State is awaiting Central policy on the issue in light of Galwan standoff in which 20 Indian soldiers were killed
"Trade war to generate additional $400 million exports for Bangladesh," Asian Development Bank's chief economist Yasuyuki Sawada said
In 2018, the big area of investment for the Chinese was in energy. Last year, it was infrastructure
Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent with automatic route
'We stand with the government in this hour of crisis. We will win. We will put up a united fight as one nation,' Banerjee was quoted as having told the meeting
Apart from the boycott campaign, Indian intelligence agencies have red-flagged usage of over 50 China-linked apps as being a threat to national security.
Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.
Urge govt not to slap the rule on PE funds that have already raised money
Direct investment includes mergers, acquisitions and investments in things like offices and factories but not financial investments like purchase of stocks and bonds
Advisers to Chinese firms have said they are concerned the process could take several weeks and hit deals and investment timelines
The updated FEMA Rules came into effect from Thursday midnight