Government Open to Expanding Eased Press Note 3 Regime to More Sectors, DPIIT Secretary Confirms
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Govt to Expand Fast-Track FDI: More Sectors Under Eased Press Note 3 Regime
M
Moneycontrol•11-03-2026, 17:00
Govt to Expand Fast-Track FDI: More Sectors Under Eased Press Note 3 Regime
•DPIIT Secretary Amardeep Singh Bhatia indicated the government may add more sectors for expedited foreign investment approvals under Press Note 3.
•Amendments cleared by Cabinet on March 10 introduce a 60-day timeline for investments from land-bordering countries (excluding Pakistan) in strategic manufacturing.
•Key sectors include capital goods, electronic components, polysilicon, advanced batteries, and rare earth magnets.
•New framework defines "beneficial owner" and allows automatic route for non-controlling ownership below 10% (with reporting).
•Investee entities must maintain Indian majority shareholding and control; changes aim to boost FDI inflows.
