The present guidelines provide for approval under the automatic route for all foreign direct investment proposals relating to the Information Technology sector, with the exception of Business-to-consumer (B2C) e-commerce

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..... Press Note No.8 (2000 Series) The present guidelines provide for approval under the automatic route for all foreign direct investment proposals relating to the Information Technology sector, with the exception of Business-to-consumer (B2C) e-commerce, subject, inter alia, to the following: Automatic route for FDI and/or technology collaboration would not be available .....

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