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May 06, 2026
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Govt speeds up FDI approval process
The government has expedited the process for approving foreign direct investment (FDI) proposals requiring prior approval. It also provided a special carve-out for investors from countries sharing land borders with India, such as China, by revising the standard operating procedure (SOP) for applications involving high-priority investments for the country.
The move intends to spur capital inflows and give a fillip to the indigenisation of high-tech and new-age manufacturing.
The new SOP issued on Tuesday puts a fresh time limit of 12 weeks for deciding on FDI applications requiring government approval, while for land-border countries this period is compressed to 60 days.
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