29 FDI investments worth ₹4,895.65 crore reported under revised framework

Anshul Bartwal
August 22, 2026

New Delhi: A total of 29 foreign direct investment (FDI) investments involving proposed FDI of ₹4,895.65 crore have been reported under the revised investment framework introduced earlier this year, spanning technology, manufacturing, pharmaceuticals, data centres and transport services.

The 29 investments were reported under the revised framework up to August 20, 2026. According to the Ministry of Commerce and Industry, the proposed FDI involved in these investments totals ₹4,895.65 crore.

The investments have been reported by investors and entities based in jurisdictions including Mauritius, the United States, the Republic of Korea, Japan, Singapore, Luxembourg and the Cayman Islands.

The investments cover sectors including Information Technology, Artificial Intelligence, Information and Communication, Manufacturing, Pharmaceuticals, Data Centres and Transport Services, among others.

Under the revised framework, prior government approval is no longer required where an investor entity has up to 10 per cent non-controlling ownership from countries sharing a land border with India. Such investments can proceed through the automatic route, subject to applicable sectoral caps, entry routes and other conditions.

The changes were introduced through Press Note 2 of 2026 and a subsequent amendment to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, notified on May 1, 2026. Under the revised framework, the beneficial ownership test is applied at the level of the investor entity.

Investors covered by the revised provision can proceed with an investment without obtaining any other approval after reporting the relevant information to the government.

Earlier, foreign investments involving beneficial ownership from countries sharing a land border with India required prior government approval under Press Note 3 of 2020, even when such ownership was very small.