All posts tagged: FDI

Did Press Note 3 relaxations help attract more FDI? | Explained

Did Press Note 3 relaxations help attract more FDI? | Explained

Published by Parlour News

The Indian government in April 2020 issued Press Note 3, in which it amended India’s FDI policy. File photo for representational purposes only. | Photo Credit: Getty Images/istockphoto The story so far: The government on Friday (August 21, 2026) said that India had received foreign direct investment (FDI) worth ₹4,895 over just the last few months from companies that have benefitted from recent relaxations made to India’s FDI rules. The aim of the relaxations was precisely to ease the flow of investments that had earlier been locked out of India. What was the earlier rule? The Indian government in April 2020 issued Press Note 3, in which it amended India’s FDI policy. The existing rule at the time said that any entity of Bangladesh and Pakistan could invest in India only after securing Government approval. Press Note 3 widened this stipulation to include any country that shared a land border with India. So, this included Pakistan, China, Bangladesh, Nepal, and Bhutan. The popular perception is that the government took this decision as a result of border …

Odisha lands largest-ever FDI as Adani-IHC JV signs ₹1 lakh cr aluminium project

Odisha lands largest-ever FDI as Adani-IHC JV signs ₹1 lakh cr aluminium project

Published by Parlour News

In the largest foreign direct investment in Odisha’s history, the Mohan Majhi government on Thursday signed a Memorandum of Understanding (MoU) with the Adani Group and Abu Dhabi-based International Holding Company (IHC) Group for an $11.5 billion (around ₹1.10 lakh crore) integrated aluminium project spanning bauxite mining, alumina refining, aluminium smelting, and downstream manufacturing. Odisha Chief Minister Mohan Charan Majhi meets CEO and Managing Director of International Holding Company (IHC), Syed Basar Shueb , in Bhubaneswar on Thursday. (ANI) The agreement was signed at the state secretariat between the state’s industrial promotion agency, IPICOL, and a newly formed 50:50 joint venture between Adani Enterprises Limited (AEL) and International Resources Holding (IRH), the natural resources investment platform of IHC Group. Chief Minister Mohan Charan Majhi, Industries Minister Sampad Chandra Swain, IHC Group CEO Syed Basar Shueb, and Adani Ports and Special Economic Zone Managing Director Karan Adani were present. The proposed greenfield project will include bauxite mining, an alumina refinery in Rayagada district, an aluminium smelter in Sundargarh district, captive power generation, downstream aluminium manufacturing, and …

India, Cyprus elevate ties to strategic partnership, lock 5-year defence roadmap

India, Cyprus elevate ties to strategic partnership, lock 5-year defence roadmap

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India and Cyprus enhanced their ties to a strategic partnership and concluded agreements to boost cooperation in key areas such as defence, technology and counter-terrorism as Prime Minister Narendra Modi and Cypriot President Nikos Christodoulides focused on bolstering trade and investment relations. Prime Minister Narendra Modi and President of the Cypriot President Nikos Christodoulides witness an exchange of MoUs in New Delhi on Friday. (RAJ K RAJ /HT PHOTO) Christodoulides, who is on his first visit to India after becoming President, began the trip by travelling to Mumbai with a 60-member business delegation before arriving in New Delhi for talks with Modi. Cyprus currently holds the rotating presidency of the Council of the European Union (EU), and the discussions also covered leveraging the proposed India-EU trade deal. Cyprus has emerged as an important investment gateway between India and Europe and is among the top 10 investors in the country, with investments almost doubling over the past decade, Modi said at a joint media interaction with Christodoulides. “The India-EU free trade agreement has opened up many …

From 6G to 100% defence FDI: India and Nordic states expand strategic footprint

From 6G to 100% defence FDI: India and Nordic states expand strategic footprint

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India and the Nordic countries on Tuesday established a Green Technology and Innovation Strategic Partnership to drive cooperation in areas ranging from energy security to digital infrastructure as Prime Minister Narendra Modi and the five regional states underscored the importance of trust-based ties in an era of geopolitical turbulence and uncertainty. Icelandic Prime Minister Kristrun Frostadottir, Swedish Prime Minister Ulf Kristersson, Indian Prime Minister Narendra Modi, Norwegian Prime Minister Jonas Gahr Stoere, Danish Prime Minister Mette Frederiksen and Finnish Prime Minister Petteri Orpo attend a press conference after the meeting between India and the Nordic countries at the City Hall in Oslo (via REUTERS) Modi joined his counterparts from Denmark, Finland, Iceland, Norway and Sweden for the third India-Nordic Summit in Oslo during the penultimate leg of a five-nation tour, with the focus on combining India’s scale and talents with the individual strengths of the Nordic states in areas such as renewable energy, digitalisation, defence, maritime security and shipping. The new Green Technology and Innovation Strategic Partnership, announced at the conclusion of the summit, will …

Deepak Parekh Calls for Higher FDI in Banks, End to Priority Lending Norms

Deepak Parekh Calls for Higher FDI in Banks, End to Priority Lending Norms

Published by Parlour News

The government should allow banks greater freedom to choose where to lend and remove the limits on foreign direct investment (FDI) in the sector, Deepak Parekh, former chairman of the erstwhile Housing Development Finance Corporation (HDFC) said on Saturday. These changes, Parekh said, would help Indian banks grow in terms of asset size and make them attractive for foreign players — key for India’s economic growth. “I think it is time to allow banks greater freedom in choosing where they lend. Priority sector rules, as they stand today, belong to an era gone by. There is merit in completely opening up the foreign direct investment limits for private sector banks, and increasing FDI limits for public-sector banks from 29% currently to 49% at least,” Parekh said at the London Business School’s India Conclave held in Mumbai. “There are enough checks and balances through caps on voting rights and ownership limits. So, the RBI and the government should not be worried about opening up the sector,” Parekh further said, adding that this should be the next …

Indian Railways attracted 942 million dollars in FDI over past 11 years

Indian Railways attracted 942 million dollars in FDI over past 11 years

Published by Webster

Indian Railways has attracted a total of USD 942 million in foreign direct investment (FDI) equity inflows over the past 11 years (2014-15 to 2025-26 up to December 2025), including under the automatic route, according to the Ministry of Railways. The FDI has supported major projects across the sector, with 100 per cent equity allowed under the automatic route for areas such as suburban corridor construction and operations through public-private partnerships (PPP), high-speed trains, dedicated freight corridors, rolling stock manufacturing and maintenance, railway electrification, signalling systems, freight and passenger terminals, industrial sidings, and mass rapid transport systems. The information was shared by Union Minister Ashwini Vaishnaw, who oversees Railways, Information & Broadcasting, and Electronics and IT, in a written reply to a question in the Lok Sabha on Wednesday. To strengthen technical capabilities, Indian Railways has signed MoUs with Switzerland, Germany, Russia, and Spain, focusing on high-speed rail development, freight and passenger operations (including multimodal transport), advanced IT solutions, and predictive maintenance of railway assets. Robust ‘Make in India’ ecosystem drives rolling stock production, exports, …

A Balancing Act Amid Geopolitical Uncertainties: What Easing FDI Rules For China Means For India | India News

A Balancing Act Amid Geopolitical Uncertainties: What Easing FDI Rules For China Means For India | India News

Published by Webster

Last Updated:March 11, 2026, 15:56 IST It reflects a more calibrated approach that attempts to balance security concerns with the need for investment, technology and supply chain integration. Allowing carefully screened Chinese investments in manufacturing could help India expand production capabilities more quickly. The Union Cabinet on Tuesday eased Foreign Direct Investment (FDI) rules for China and other countries sharing a land border with India, by amending Press Note 3 of 2020, according to an official release. India’s move to gradually ease restrictions on Chinese foreign direct investment (FDI) comes at a time of heightened global uncertainty and shifting geopolitical alignments. Nearly six years after New Delhi imposed strict scrutiny on investments from countries sharing a land border with India, the government is now signalling a more flexible approach — one shaped as much by economic realities as by global strategic changes. The original restrictions were introduced in 2020 following the deadly border clashes between Indian and Chinese troops in eastern Ladakh. At the time, India mandated that investments from neighbouring countries, particularly China, would …

Andhra Pradesh attracted 25% of FDI in India, Naidu says in Davos

Andhra Pradesh attracted 25% of FDI in India, Naidu says in Davos

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Andhra Pradesh Chief Minister N. Chandrababu Naidu during a meeting with UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, on the sidelines of the World Economic Forum in Zurich. | Photo Credit: PTI Chief Minister N. Chandrababu Naidu has stated that Andhra Pradesh has attracted 25 per cent of the foreign direct investment (FDI) entering India, attributing this achievement to policy stability, the speed of doing business, and proactive governance. Addressing global business leaders at the Confederation of Indian Industry (CII) Breakfast Session at the World Economic Forum in Davos on Tuesday, Mr. Naidu said Andhra Pradesh has emerged as one of the most competitive and investor-friendly States in India. “India and Andhra Pradesh, currently, are offering strong opportunities for investments in energy, digital infrastructure, logistics, manufacturing, green energy, and technology. The State government has introduced 25 sector-specific policies, with a focus on clean energy, green ammonia production, and advanced manufacturing,” he said. The Chief Minister announced plans to expand the use of drones in agriculture and healthcare sectors, including the launch …

Will 100% FDI amendment make insurance affordable in India?| Business News

Will 100% FDI amendment make insurance affordable in India?| Business News

Published by Parlour News

For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, allowing 100 percent Foreign Direct Investment (FDI), marks a structural shift. Foreign participation was capped at 24 percent when privatisation reopened in the early 2000s to build domestic capability. Over the past 25 years, the limit rose from 26 percent in 2000 to 49 percent in 2015, 74 percent in 2021 and is now fully liberalised. The key question is: “Will this reform finally make insurance more affordable and accessible for consumers?” The answer lies in how higher capital, deeper risk capacity and stronger competition translate into outcomes across pricing, products, reach, underwriting and service quality. Higher capital and deeper reinsurance capacity With 100 percent FDI permitted, more insurers and reinsurers can establish or expand operations in India, …

Japan’s MUFG Bank to invest Rs 39,000 crore in Shriram Finance for 20% stake | Business News

Japan’s MUFG Bank to invest Rs 39,000 crore in Shriram Finance for 20% stake | Business News

Published by Parlour News

In the single largest foreign direct investment (FDI) into an Indian financial services company, the board of Shriram Finance Ltd (SFL) has approved a proposal to raise Rs 39,618 crore ($4.4 billion) from Japan’s MUFG Bank Ltd through a preferential allotment of equity shares. This will give the Japanese lender a 20 per cent stake in SFL on a fully diluted basis. The transaction gives MUFG Bank, Japan’s largest bank, a strong foothold in the retail financial services in the country. Shriram Finance, which has a market capitalisation of Rs 1.69 lakh crore, reported a net profit of Rs 9,761 crore for FY25. This is the biggest investment by a Japanese bank in India after SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), acquired a 20 per cent stake in Yes Bank for about Rs 13,483 crore (around $1.6 billion) in April 2024. The investment allows SMBC to raise its holding to 24.99 per cent without being classified as a promoter. With domestic growth constrained by prolonged low interest rates and an ageing population, …