There are 105 Chinese companies registered in India, of which 92 of them have an 'active' in status as of March 2021, the government informed Parliament. This was in response to a question raised by Shardaben Anilbhai Patel and Mitesh Rameshbhai Patel Members of Parliament from Bharatiya Janata Party. Anurag Singh Thakur, Minister of State for Finance and Corporate Affairs said that the 105 companies were registered under the Companies Act, 2013 with approval from the Reserve Bank of India as per provisions of the Foreign Exchange Management Act. A total of 2,488 forms related to Foreign Direct Investment (FDI) inflows were reported in Form FC-GPR (to be filed with 30 days from the date of allotment of equity instruments to residents outside India) and 140 inflows were reported in form FC-TRS (to be filed with 60 days from the…
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