November 10, 2015
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Foreign direct investment liberalisation expands automatic-route access and streamlines approvals to boost investment and manufacturing.
Reforms liberalise Foreign Direct Investment by expanding automatic-route access, simplifying approval conditions and rationalising investment structures across multiple sectors, addressing downstream LLP investments, NRI-owned companies and ownership transfers, with sector-specific relaxations in agriculture, mining, defence, broadcasting, civil aviation, construction, banking, manufacturing, retail and wholesale; the package raises the FIPB threshold and consolidates FDI-related instructions into a single booklet to streamline investor processes.