India approved only one foreign direct investment proposal from China in FY26, and the value of that clearance was Rs 1 crore. In contrast, 13 proposals linked to Hong Kong were cleared during the same period, with a combined value of Rs 610.42 crore.

The figures highlight a sharp gap between approvals involving mainland China and those coming from Hong Kong. Based on the available numbers, Chinese investment approvals were extremely limited in value, while Hong Kong accounted for a much larger share of the cleared proposals.

Overall, the government approved 63 FDI proposals worth Rs 10,292.67 crore in FY26. Against that total, the lone Chinese proposal represented only a very small portion, while the Hong Kong approvals made a more meaningful contribution to the investment pipeline.

The latest approval data offers a snapshot of how inbound investment proposals were treated during the year. With just one Chinese proposal cleared and more than a dozen from Hong Kong approved, the pattern points to a notably uneven distribution within India’s cleared FDI inflows for FY26.