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of <h1>India Revises FDI Policy: 100% Foreign Equity Now Allowed for Infrastructure Projects via Automatic Route, Up from 74% Limit.</h1> The Government of India has revised its foreign direct investment (FDI) policy, allowing 100% foreign equity participation for the construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, ports, and harbours under the automatic approval route. This is an increase from the previous 74% limit. The total foreign equity in any project must not exceed Rs. 1500 crore. The changes are reflected in the National Industrial Classification system and require entrepreneurs to specify activities accordingly when applying to the Reserve Bank of India. Existing terms from previous guidelines remain unchanged.
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