<h1>India Approves 100% FDI in Port Sector to Enhance Capital, Technology, and Skills; Security Clearance Mandatory for Bidders.</h1> The Government of India has permitted 100% Foreign Direct Investment (FDI) in the port sector to boost domestic capital, technology, and skills, facilitating economic growth. This decision aligns with the guidelines established in 1996, encouraging private and multinational company participation in major ports. All prospective bidders for port projects must undergo security clearance by relevant agencies, including the Ministry of Defence. Only those cleared from a security standpoint are considered for port sector projects. This information was provided by the Union Minister of Shipping in a written response to a question in the Lok Sabha.