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FDI Update - Press Note 3 Amended | Government Relaxes FDI Investments From China
The Union Cabinet has approved a significant relaxation of Foreign Direct Investment (FDI) norms for investments from countries sharing land borders with India, marking a potential shift from the stringent framework introduced under Press Note 3 (2020 Series). This policy change aims to balance national security considerations with investment facilitation and economic engagement, potentially improving investor sentiment while maintaining regulatory oversight for strategic interests.
Mansukhlal Hiralal & Co.