Revision of existing sectoral guidelines for FDI, including investment by non-resident Indians and overseas corporate bodies

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..... including investment by non-resident Indians and overseas corporate bodies Press Note 2 (2000 series) dated the 11 th February, 2000 enclosing the sector specific guidelines for Foreign Direct Investment (FDI), inter alia includes the following provisions for the Advertising and Film sectors : Automatic approval is available for the following: - Up to 74% FDI in Advertising sector. - .....

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..... ing the FDI regime, the Government have permitted FDI up to 100% on the automatic route in the advertising sector. FDI up to 100% in the film sector, which is already on the automatic route, will not be subject to the conditions indicated at I to V above. 3. The provisions of Press Note No. 2 of 2000 series stand modified to the above extent. (M. S. SRINIVASAN) Joint Secretary to the Gove .....

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