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of <h1>India Opens Railway Sector to 100% FDI via Automatic Route; Sensitive Areas Require Security Approval.</h1> The circular addresses the revised Foreign Direct Investment (FDI) policy in India's railway infrastructure sector. The Department of Industrial Policy and Promotion now allows 100% FDI under the automatic route for specific railway activities, including suburban corridor projects, high-speed trains, dedicated freight lines, rolling stock manufacturing, railway electrification, signaling systems, and terminals. FDI exceeding 49% in sensitive areas will require Cabinet Committee on Security approval. The Reserve Bank of India has updated the relevant regulations, and authorized dealer banks are instructed to inform their clients about these changes. The circular is issued under the Foreign Exchange Management Act.
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