Image: OrissaPOSTIndia approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr - OrissaPOST
⢠India approved only one Foreign Direct Investment (FDI) proposal from China worth Rs 1 crore during the last financial year. ⢠In contrast, the government cleared 13 FDI applications from Hong Kong totaling Rs 610.42 crore. ⢠These figures highlight the strict regulatory environment for investments from countries sharing a land border with India, which require prior government approval.
orissapost.com