Economy, Banking and Finance · 4 August 2026

Government of India Approves One Chinese FDI Proposal Worth Rs 1 Crore in FY26

Exam-focused facts from the 4 August 2026 current affairs briefing.

Key facts

  • The Government of India approved only one Chinese foreign direct investment (FDI) proposal worth Rs 1 crore during FY26 under the Press Note 3 screening regime.
  • India cleared 13 Hong Kong investment proposals with a combined value of Rs 610.42 crore in FY26.
  • The government approved 63 FDI proposals worth Rs 10,292.67 crore (about $1.18 billion) between April 2025 and March 2026, as per Department for Promotion of Industry and Internal Trade (DPIIT) data.
  • Singapore led in approved FDI value with five proposals worth Rs 3,259.88 crore, followed by the UK with five proposals worth Rs 2,477.67 crore.
  • In March 2026, the government eased Press Note 3 provisions, allowing up to 10% non-controlling beneficial ownership from land-border countries under the automatic route, but excluding entities from China and Hong Kong.
  • Between April 2000 and March 2026, China ranked 23rd among FDI sources with $2.51 billion (0.32% of total FDI equity inflows), while Hong Kong ranked 15th with $4.91 billion (0.62%).