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India approves just 1 Chinese FDI proposal worth ₹1 crore in FY26; 13 from Hong Kong

Overall, the government has approved 63 FDI (foreign direct investment) proposals worth ₹10,292.67 crore, or $1.18 billion, during April 2025-March 2026, according to the DPIIT data

India approves just 1 Chinese FDI proposal worth ₹1 crore in FY26; 13 from Hong Kong

India approved only one Chinese FDI proposal worth ₹1 crore in the financial year 2025-26, while granting clearance to 13 applications from Hong Kong worth ₹610.42 crore. This data comes from official records and is crucial as investments from countries sharing a land border with India have been subject to government approval since April 2020 under Press Note 3 of the Department for Promotion of Industry and Internal Trade (DPIIT).

The aim of this measure is to prevent opportunistic takeovers and acquisitions of Indian companies during the COVID-19 pandemic. Overall, the government has approved 63 FDI proposals worth ₹10,292.67 crore in the same period.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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