Chinese companies with around 200 investment proposals are waiting for security clearance from the Ministry of Home Affairs (MHA) after revised FDI policy was notified in April, making Government of India's approval mandatory for Foreign Direct Investment (FDI) by neighbouring countries.

China corporates wait for Government of India's approval with 200 investment proposals

With an aim is to curb the opportunistic takeover of Indian companies whose valuations have come down due to the coronavirus pandemic, the government has made its nod compulsory for all foreign direct investment coming from neighbouring countries including China.

FDI policy revised to ward off Opportunistic takeover of Indian firms amid COVID-19 pandemic

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