In line with the announcements during Union Budget 2016-17, DIPP has released consolidated Foreign Direct Investment (FDI) Policy of India 2016, which subsumes and supersedes all previous Circulars/ Notifications/ Public Notices, which were in force as on 6th June, 2016.
This document reflects the Consolidated Statement on FDI Policy of India applicable from June 07, 2016 onwards. The Government has put in place a policy framework on Foreign Direct Investment, which is transparent, predictable and easily comprehensible. This framework is embodied in the Circular on Consolidated FDI Policy, which may be updated every year, to capture and keep pace with the regulatory changes, effected in the interregnum.
Table 1: FDI status in some of the prominent sectors
|Sector/Activity||% of Equity/FDI Cap||Entry Route|
|Defence Industry: subject to Industrial license under the Industries (Development & Regulation) Act, 1951||49%||
|Industrial Parks -new and existing||100%||
|Telecom Services (including Telecom Infrastructure Providers Category-I)||100%||
( Source: ELCINA)
By Sudeshna Das