Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Domestic interests to dictate FDI for China
Financial Express Kochi
|August 23, 2025
Goyal says there is no plan to revoke Press Note 3
THE NEW BONHOMIE in relations with China is not driven by the recent developments in world trade, and the investments from the northern neighbour would be approved if that aligns with India's vision for technology and supply chain integration, commerce and industry minister Piyush Goyal said on Friday.
Addressing an event organised by The Economic Times, Goyal said that the process that has been laid down for approval of Chinese investments in 2020 would continue, ruling out any changes in the Press Note 3 that put an additional layer of scrutiny (government approval) on foreign direct investment from countries sharing land borders with India.
He, however, added that the Press Note 3 does not ban FDI from anywhere but was issued to protect opportunistic takeover of Indian companies as valuations fell sharply following the pandemic that struck the world in 2020. "We only take a cautious approach and there are free approvals," he added.
This story is from the August 23, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
Tejas fighter jet crash hits India’s export ambitions
THE CRASH OF TEJAS fighter in front of global arms buyers at the Dubai Airshow is the latest blow to a key national trophy, leaving the jet reliant on Indian military orders to sustain its role as a showcase of home-built defence technology.
1 min
November 24, 2025
Financial Express Kochi
Premium for ‘experience’ widens in realty projects
Branded developers rake it in with the promise of quality
1 mins
November 24, 2025
Financial Express Kochi
When tech comes calling
THE TUMULTUOUS CHANGES taking place in the hospitality industry in the context of AI intervention calls for recognition of the new realities for managing the business. It is not an easy task to have AI engaged at every level in the business. Traditionally managed by multitudes of grey-collared personnel, if leaders can get the human-AI partnership work for all, it could be a game-changer.
2 mins
November 24, 2025
Financial Express Kochi
Meta pulled up for hiding mental health harm claims
US COURT FILINGS ALLEGE
3 mins
November 24, 2025
Financial Express Kochi
Pulses imports plunge 45% in April-October
IMPORTS OF PULSES have contracted in the eight months through October as domestic production improved, reports Saikat Neogi.
1 min
November 24, 2025
Financial Express Kochi
Agritech funding plunges over profitability concerns
INDUSTRY EXPERTS EXPECT REVIVAL IN 2026
2 mins
November 24, 2025
Financial Express Kochi
LNG import bill declines 13% to $8 bn in Apr-Oct
EXPENSE EASES
1 mins
November 24, 2025
Financial Express Kochi
Qualcomm’s pitch for PC upgrade wave
INDIAN ENGINEERING IS at the heart of Qualcomm’s new Snapdragon X2 Elite and Extreme chips, which will power next-generation Windows PCs in the coming months.
1 mins
November 24, 2025
Financial Express Kochi
Purple Ascent
HOW ALATE-NIGHT IDEA TURNED INTO A BEAUTY POWERHOUSE, TAKING THE PERSONAL CARE PLATFORM FROM A SIX-MEMBER LOFT OFFICE TO A DATA-DRIVEN GIANT
4 mins
November 24, 2025
Financial Express Kochi
States’ capex likely grew 10% in April-October
CAPITAL EXPENDITURE BY state governments likely grew 10% on-year in the first seven months of the current financial year, but revenue expenditure growth was a modest 4% during the period.
1 mins
November 24, 2025
Listen
Translate
Change font size