Foreign Direct Investment scope: exclusions for SEZs, hotels and hospitals affirmed under their existing regulatory regimes. The provisions of Press Note 2 (2005 Series) on FDI in townships, housing, built-up infrastructure and construction-development projects do not apply to Special Economic Zones, which are governed by the Special Economic Zone Act, 2005. The Press Note likewise does not apply to establishment and operation of hotels and hospitals, which continue to be governed by the earlier Press Notes establishing the automatic route for FDI in the hotel and tourism sector and the hospital sector.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign Direct Investment scope: exclusions for SEZs, hotels and hospitals affirmed under their existing regulatory regimes.
The provisions of Press Note 2 (2005 Series) on FDI in townships, housing, built-up infrastructure and construction-development projects do not apply to Special Economic Zones, which are governed by the Special Economic Zone Act, 2005. The Press Note likewise does not apply to establishment and operation of hotels and hospitals, which continue to be governed by the earlier Press Notes establishing the automatic route for FDI in the hotel and tourism sector and the hospital sector.
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