India

India

Introduces FDI screening originating from neighbouring countries amid the COVID-19 pandemics

17 Apr 2020

On 17 April 2020, the Government of India reviewed its Foreign Direct Investment policy for "curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic" and decided to introduce the so-called "governmental route" for all investments originating from countries that share land boarders with India. This means that all foreign investments from Afghanistan, Bangladesh, Bhutan, China, Nepal and Pakistan require prior governmental approval.