IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

FDI: Entry and ownership rule

On July 2, 2013, India's Inter-Ministerial Telecom Commission approved a regulation allowing 100 per cent Foreign Direct Investment (FDI) in the telecommunications sector. Previously, a FDI cap of 74 per cent was in place, with 49 per cent through automatic licensing and the remainder being subject to approval from the Foreign Investment Promotion Board (FIPB). This licensing/approval regime is not to be changed, so investment above 49 per cent will remain subject to FIPB approval under the new rules.
The regulation has yet to be approved by the cabinet before entering into effect. 

AFFECTED COUNTRIES

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