India approved FDIs from 80 Chinese entities till June 29: Report

Out of 382 FDI proposals the central government received from Chinese firms, India approved 80 till June 29

Out of 382 foreign direct investment (FDI) proposals the central government received from Chinese firms, India approved 80 as on June 29, a report by The Economic Times stated. 

In the wake of the ongoing border row with China in eastern Ladakh that started in 2020, the central government had made it mandatory for FDIs coming to India from nations that land borders to get prior approval, including security clearance.

In a reply to a Right to Information (RTI) application, the Department for Promotion of Industry and Internal Trade (DPIIT) said that the government had received a total of 382 proposals from