New Delhi, Aug. 21 -- India received 29 foreign direct investment (FDI) proposals under a revised framework that allows automatic ownership of up to a 10% stake for certain investments, the government said on Friday.

The proposed investments totalling Rs.4,895.65 crore as of 20 August are in sectors such as information technology, artificial intelligence, information and communication, manufacturing, pharmaceuticals, data centres and transport services.

The proposals are from investors in jurisdictions including Mauritius, the US, Korea, Japan, Singapore, Luxembourg and the Cayman Islands, the commerce ministry said in a statement. The ministry did not identify the investors or name the origin country of the investments.

The revised fr...