India Weighs ₹15,000 Crore FDI Fast-Track for Subsidiaries as 70 Stakeholders Join Talks
Updated
Updated · CNBCTV18 · Aug 22
India Weighs ₹15,000 Crore FDI Fast-Track for Subsidiaries as 70 Stakeholders Join Talks
3 articles · Updated · CNBCTV18 · Aug 22
Summary
India is considering requests to relax FDI rules for subsidiaries after 70 stakeholders joined an Aug. 19 consultation, with government sources saying those proposals will be taken up at the relevant time.
The plan would raise the approval threshold for foreign investment proposals by scrapping the current ₹5,000 crore cap that triggers Cabinet review and allowing projects up to ₹15,000 crore to bypass CCEA clearance.
It also proposes dropping prior government approval for FDI routed through subsidiaries once the parent company has already been cleared, simplifying downstream investment structures.
The changes are being weighed to attract more foreign capital, after India earlier eased rules for investors from non-border countries and drew ₹4,895 crore in inflows.