FDI in LLPs permitted subject to sectoral automatic-route eligibility and strict governance, compliance, and investment restrictions. Permits Foreign Direct Investment in LLPs only where the LLP operates in sectors allowing 100% FDI under the automatic route without FDI-linked performance conditions, via the Government approval route. LLPs with FDI cannot engage in agricultural/plantation activities, print media or real estate, nor make downstream investments. Foreign institutional and venture capital investors are barred and LLPs cannot access external commercial borrowings. Foreign capital must be by cash inward remittance or debit to specified foreign currency accounts. Designated partners bear compliance obligations and liability; corporate designated partners must be Indian companies. Conversion of a company with FDI into an LLP requires prior government approval.