India approved only one Chinese FDI proposal in FY26, cleared 13 from Hong Kong

Liked this AI Summary? Join our AI Workshop India approved only one foreign direct investment (FDI) proposal from China worth Rs 1 crore during the 2025-26 financial year, while clearing 13 proposals from Hong Kong worth Rs 610.42 crore, according to official data released by the Department for Promotion of Industry and Internal Trade (DPIIT). The approvals come under the government’s Press Note 3 framework, under which investments from countries sharing a land border with India require prior government approval. The policy was introduced in April 2020 to prevent opportunistic takeovers of Indian companies during the COVID-19 pandemic. Overall, the…