Foreign Direct Investment policy: sectoral caps and automatic or government routes set entry, conditionalities and reporting obligations. The Circular consolidates FDI policy and defines eligible investors, investee entities and instruments; prescribes two entry routes-automatic and government-with sectoral caps, conditionalities and prohibited activities; governs issuance, transfer and conversion of capital instruments with pricing and reporting rules; sets rules for downstream and indirect foreign investment and requires notification to RBI and compliance with FEMA/RBI/SEBI requirements; and establishes procedural governance, competent authorities and monitoring mechanisms for approvals and compliance.
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Foreign Direct Investment policy: sectoral caps and automatic or government routes set entry, conditionalities and reporting obligations.
The Circular consolidates FDI policy and defines eligible investors, investee entities and instruments; prescribes two entry routes-automatic and government-with sectoral caps, conditionalities and prohibited activities; governs issuance, transfer and conversion of capital instruments with pricing and reporting rules; sets rules for downstream and indirect foreign investment and requires notification to RBI and compliance with FEMA/RBI/SEBI requirements; and establishes procedural governance, competent authorities and monitoring mechanisms for approvals and compliance.
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