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of <h1>Indian Cabinet Approves FDI Policy Reforms: Simplifies Regulations, Introduces Composite Caps, Allows More Automatic Route Investments.</h1> The Union Cabinet, led by the Prime Minister, approved amendments to the Foreign Direct Investment (FDI) policy to simplify regulations and attract foreign investments. The changes include introducing composite caps, which unify various foreign investment types under a single limit, allowing greater flexibility for Indian companies. The policy aims to streamline foreign investments across sectors, maintaining sectoral caps while permitting up to 100% FDI in certain areas under the automatic route. These reforms are part of broader efforts to enhance India's investment climate, boost manufacturing, and create jobs, contributing to a significant increase in FDI inflows.
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