Govt. receives 347 FDI proposals from neighbouring countries

  • According to the sources, the Government of India has received 347 FDI proposals worth ₹75,591 crores to invest in existing Indian companies.

  • Out of 347 FDI proposals, India has approved 66 proposals and 193 cases have been rejected or closed, or withdrawn.

  • "Since 18th April 2020, 347 FDI proposals have been received by the government from countries sharing a land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country...The value of investments proposed in the aforementioned proposals received by the government is approximately Rs 75,951 crore," Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha.


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