Friday May 29 2015
News Source: Global Disclosures
Focus: Foreign Investment
Type: General
Country: India
The Department of Industrial Policy and Promotion has published the 2015 Consolidated Foreign Direct Investment Policy.
The document sets out the restricted sectors for foreign direct and foreign portfolio investment.
The document consolidates previous changes to policy notified by way of press release, including changes in government debt limits, railways and defence industry.
Please note however that Press Note 4 of 2015, dated 24th April, regarding policy on foreign investment in pension sector, will remain effective.
Click on the above link for more details.