Partner and Head – China Desk, Mr. Santosh Pai shares his expert views with The News Minute in the story “India’s revised FDI policy: Will tightening norms benefit or hurt the economy?”
4/22/2020 0:00 News & Articles
Check out the expert views by Mr. Santosh Pai, Partner and Head – China Desk in the story “India’s revised FDI policy: Will tightening norms benefit or hurt the economy?“
China’s investment into India at over $8 billion outweighs investment by the other border-sharing countries combined.
Earlier this month, alarm bells went off when HDFC disclosed that the People’s Bank of China increased its stake to 1.01% from 0.8% in India’s largest private bank. Even the Indian government took notice. Soon after, the government tweaked its Foreign Direct Investment (FDI) policy to curb “opportunistic takeovers/acquisitions of Indian companies” due to the pandemic.
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