Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Press Note No. 5 (2013 Series) Subject: Review of the policy on foreign direct investment in the Multi-Brand Retail Trading Sector-amendment of paragraph 6.2.16.5 (iii), (iv) and (vi) of Circular 1 of 2013-Consolidated FDI Policy 1.0 Present Position: 1.1 Paragraphs 6.2.16.5 (iii), (iv) and… Read More
Tags: FDI, foreign direct investment, Front and back ends, Government of India, India, Infrastructure, Retail, Tranche
The proposal was to allow FDI to go up to 49%, inclusive of portfolio flows, in defence production. FDI up to 26% is permissible in the defence sector, subject to licensing. However, wherever FDI beyond 26% is likely to result in access to modern and state-of-the-art technology into the country, decisions can be taken to allow… Read More
Tags: Anand Sharma, Cabinet Committee, FDI, foreign direct investment, Foreign Investment Promotion Board, India, Manmohan Singh, Retail
(Bharat Sarkar) Ministry of Commerce & Industry (Vanijya our Udyog Mantralay) Department of Industrial Policy & Promotion (Audyogik Neeti Aur Samvardhan Vibhag) Dated the May10, 2013 NOTICE Subject: Format for seeking clarifications on the FDI policy issues This Department has been receiving a large number of requests from various stakeholders seeking clarifications on the provisions of FDI policy. It is noted that many of the requests for clarification do… Read More
Tags: Asia, Department of Industrial Policy & Promotion, foreign direct investment, Government, Government of India, India, Joint venture, Retail