Relaxed FDI rules for land bordering countries spur Rs 4,895 cr investment: DPIIT
The Ministry of Commerce and Industry reported that relaxed foreign direct investment (FDI) rules have attracted ₹4,895.65 crore in proposals from land bordering countries. A total of 29 investments have been reported, spanning sectors like IT, AI, and pharmaceuticals. The government aims to expedite investment approvals with a new 60-day deadline for proposals from these regions.