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: 28 Aug 2017 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

The Consolidated Foreign Direct Investment Policy Circular 2017 made the following policy amendments - 

  • FDI in broadcasting carriage services and cable networks has been increased from 49% to 100% under the automatic route
  • FDI in brownfield pharmaceutical projects is now allowed under the automatic route up to 74% beyond which a government approval is required. Earlier, FDI was allowed only under the government route
  • The FDI policy now allows conversion between FDI funded Limited Liability Partnerships (LLP) and Companies
  • Wholesale cash and carry suppliers can now undertake multi-brand retailing in addition to single-brand retailing
  • In addition to equity, equity-linked or debt-linked instruments, start-ups can now issue convertible notes to foreign investors for their investments

AFFECTED COUNTRIES

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