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India gets 29 FDI proposals worth Rs 4,895.65 crore under relaxed Chinese shareholding rules

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The decision to permit overseas companies with up to 10 per cent Chinese shareholding to invest in India under the automatic route has begun to yield results, with 29 FDI proposals totalling about Rs 4,895.65 crore reported so far, an official said.The finance ministry notified the changes to this effect under FEMA on May 1, 2026.These investments span a range of sectors, with significant investments in information technology, artificial intelligence, information and communication, manufacturing, pharmaceuticals, data centres and transport services, among others, the official said.The 29 investments have been reported from investors/entities based in jurisdictions including Mauritius, the United States,…

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