Did Press Note 3 relaxations help attract more FDI? | Explained

India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firms

India liberalized FDI allowing ≤10% Chinese ownership via automatic route, attracting 29 proposals worth Rs 4,895 crore in IT, AI, data centers. Eliminating prior approval accelerates capital inflow and positions India as supply-chain alternative to China for multinationals, excluding China-registered entities.