Foreign investment automatic route permits full FDI in industrial parks subject to minimum unit mix and area allocation conditions. Foreign direct investment is permitted on the automatic route for both new and existing industrial parks without the construction-development conditionalities if the park meets specified conditions: it must comprise a minimum number of independent units with no single unit occupying more than half of the allocable area, and not less than two thirds of the allocable area must be allocated for industrial activity. The guidelines define industrial park, infrastructure, common facilities, allocable area and eligible industrial activities, and list required common services and amenities.
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Foreign investment automatic route permits full FDI in industrial parks subject to minimum unit mix and area allocation conditions.
Foreign direct investment is permitted on the automatic route for both new and existing industrial parks without the construction-development conditionalities if the park meets specified conditions: it must comprise a minimum number of independent units with no single unit occupying more than half of the allocable area, and not less than two thirds of the allocable area must be allocated for industrial activity. The guidelines define industrial park, infrastructure, common facilities, allocable area and eligible industrial activities, and list required common services and amenities.
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