Indian Govt eases FDI norms in 15 major sectors

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November 10, 2015

NEW DELHI: In order to give a boost to the flagging investment environment and bring in more foreign investments in the country, the government is bringing in more measures to further liberalize 15 major Sectors of the Economy.

According a release by the Ministry of Commerce and Industry, these measures will encompass the following:

November 10, 2015

NEW DELHI: In order to give a boost to the flagging investment environment and bring in more foreign investments in the country, the government is bringing in more measures to further liberalize 15 major Sectors of the Economy.

According a release by the Ministry of Commerce and Industry, these measures will encompass the following:

i. Limited Liability Partnerships, downstream investment and approval conditions.

ii. Investment by companies owned and controlled by Non-Resident Indians (NRIs)

iii. Establishment and transfer of ownership and control of Indian companies

iv. Agriculture and Animal Husbandry

v. Plantation

vi. Mining and mineral separation of titanium bearing minerals and ores, its value addition and integrated activities

vii. Defence

viii. Broadcasting Sector

ix. Civil Aviation

x. Increase of sectoral cap

xi. Construction development sector

xii. Cash and Carry Wholesale Trading / Wholesale Trading (including sourcing from MSEs)

xiii. Single Brand Retail Trading and Duty free shops

xiv. Banking-Private Sector; and

xv. Manufacturing Sector


Courtesy: Live Mint

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