India gets US$511.5mil in FDI under new policy for neighbouring countries
NEW DELHI: India has received 29 foreign direct investment proposals worth 48.95 billion rupees (US$511.5 million) under a new automatic route that allows investors from land-bordering countries, including China, to hold non-controlling stakes of up to 10%, the government said on Friday (Aug 21).
NEW DELHI: India has received 29 foreign direct investment proposals worth 48.95 billion rupees (US$511.5 million) under a new automatic route that allows investors from land-bordering countries, including China, to hold non-controlling stakes of up to 10%, the government said on Friday (Aug 21).