DPIIT Secretary Clarifies India’s Stance on Chinese FDI: No Policy Shift, Case-by-Case Basis
The Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) emphasized that every investment from China will continue to undergo rigorous checks, with no plans to ease Foreign Direct Investment (FDI) norms for countries sharing a land border with India. Rajesh Kumar Singh, the Industry Secretary, dismissed speculation about a change in…