March 7, 2018
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FDI liberalisation under Make in India expands sectoral access and streamlines investment procedures to boost inflows.
The Make in India action plan designates twenty-one priority sectors for targeted support across policy initiatives, fiscal incentives, infrastructure creation, ease of doing business, innovation and R&D, and skill development, and advances progressive simplification and liberalisation of Foreign Direct Investment policy and procedures, opening numerous sectors-including defence manufacturing, food processing, telecom, agriculture, pharmaceuticals, civil aviation, space, private security, railways, insurance and pensions, and medical devices-to inbound investment.