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The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.
Home Ministry received more than 20 proposals for foreign direct investment, including from China and Hong Kong, requiring security clearance between April and May.
However, significant policy reform would also be necessary to attract investors
New Delhi effectively closed on Saturday the "automatic route" of investing for Chinese firms and individuals.
Pakistan and China are all-weather strategic cooperative partner and have always firmly supported each other on issues
China Three Gorges Corp.'s buyout plan for Portuguese power generator Energias de Portugal SA on Friday, while Portugal seems relaxed about the bid, it may not work for the whole of Europe
India's earlier Bilateral Investment Treaty with China had been terminated by India in 2016
Fund managers name China as potential source for an unpleasant surprise for global markets: Survey
A big concern for foreign investors in China is what they see as the increasing difficulty of doing business in the country