INDIA: Amendments to India foreign direct investment cap in construction sector

Friday November 7 2014

The Union Cabinet has approved amendments to the existing Foreign Direct Investment (FDI) policy on the `Construction Development Sector` in line with the Budget announcement of the Government.

The amendments in the relevant paragraphs of the Consolidated FDI Policy Circular permit 100 percent FDI under the automatic route in the construction development sector, subject to certain conditions.

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