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Government relaxed norms for FDI from land bordering countries
The Government of India, by Notification (bearing reference no. S.O. 2174(E)) dated 01 May 2026, has amended the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (‘NDI Rules’) to revise the Foreign Direct Investment (‘FDI’) Policy governing investments originating from countries sharing land borders with India, by introducing the framework for determination of Beneficial Ownership (‘BO’) and providing a fast track approval process in certain key sectors with Indian majority shareholding.
This Regulatory Alert summarizes the implications of the amendment.