Revision of existing sectoral guidelines and equity cap on Foreign Direct Investment (FDI), including investment by Non Resident Indians (NRIs) and Overseas Corporate Bodies (OCBs)

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..... (2001 SERIES) Subject : Revision of existing sectoral guidelines and equity cap on Foreign Direct Investment (FDI), including investment by Non Resident Indians (NRIs) and Overseas Corporate Bodies (OCBs) With a view to further liberalising the FDI regime, Government have effected the following changes in the FDI policy: i. FDI up to 100% is permitted on the automatic route for manu .....

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..... resorts, city and regional level urban infrastructure facilities such as roads and bridges, mass rapid transit systems; and manufacture of building materials. Development of land and providing allied infrastructure will form an integral part of township's development, for which necessary guidelines/norms relating to minimum capitalisation, minimum land area, etc., will be notified separately by th .....

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..... bject to licensing and security requirements: a. Internet service providers with gateways; b. Radio paging; and c. End-to-end bandwidth Proposals with FDI beyond 49% shall require prior Government approval. x. FDI up to 49% from all sources is permitted in the banking sector on the automatic route subject to conformity with guidelines issued by RBI from time to time. 2. The p .....

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