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of <h1>India Liberalizes FDI: 100% in E-Commerce, Oil Refining; New Rules for Equity Divestment and Electricity Projects.</h1> The Government of India has revised its Foreign Direct Investment (FDI) policies to further liberalize the regime. Key changes include allowing 100% FDI in e-commerce, with a requirement for these companies to divest 26% equity to the Indian public within five years if listed internationally, and restricting them to B2B activities. The dividend balancing condition for 22 consumer goods industries has been removed to attract more FDI. The cap on foreign equity in electricity projects has been lifted, except for atomic power plants. Additionally, the FDI limit in private oil refining has been increased from 49% to 100% under the automatic route.
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