China FDI proposals for up to 25% equity may get automatic approval

Sensitive sectors to remain under approval route

Shrimi Choudhary | New Delhi
Last Updated at February 24, 2021 07:41 IST

Large FDI proposals, involving more than 25 per cent of Chinese investment, may undergo scrutiny at multiple levels to examine the veracity and contours of proposals, the official said

The government is looking at easing restrictions for Chinese foreign direct investment (FDI) by allowing companies from the bordering country to invest up to 25 per cent in a company through automatic route. This is being discussed only for non-sensitive sectors such as manufacturing, automobile, services and technology.

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