Key Points
It is just that they (investors from these countries) have to follow the government approval route and of course that takes times," a source said.iStockAn.
News agency PTI cited official sources to report that about 40-50 (FDI)proposals from countries sharing land border with India are pending under the provisions of Press Note 3...
It is worth mentioning here that under Press Note 3, prior approval mandatory is compulsory for foreign investments from China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan countries that share land border with India...
MG Motor India recently said it plans to offer a majority stake to local partners and investors over the next 2-4 years as it looks to raise around Rs 5,000 crore capital to fund further growth in India...
Total FDI flows into India, which include equity inflows, reinvested earnings and other capital, declined 16 per cent to USD 70.97 billion in last fiscal year as against USD 84.83 billion in 2021-22 due to lower inflows in important sectors such as automobiles, computer hardware and software...
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