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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..... SS NOTE NO.1 (2004 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 per cent is permitted in printing sci .....

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..... companies. (iv) FDI up to 100 per cent is permitted on the automatic route for petroleum product pipelines subject to and under the Government Policy and regulations thereof. (v) FDI up to 100 per cent is permitted for Natural Gas /LNG Pipelines with prior Government approval. 2. The provisions of Press Note 2 of 2000 stand modified to the above extent. (UMESH KUMAR) Joint Secretary t .....

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