The Union Cabinet on Tuesday approved amendments to India’s foreign direct investment (FDI) policy governing investments from countries sharing land borders with India, including China, in a move aimed at easing funding flows for startups and deep-tech firms.
The decision, chaired by Prime Minister Narendra Modi, revises provisions introduced under Press Note 3 (2020), which had mandated government approval for investments from entities based in land-bordering countries or where the beneficial owner was located in such jurisdictions.
Under the…

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