December 11, 2013
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FDI policy amendments broaden sectoral entry routes and caps, altering investment access and reporting for multiple industries.
The government has recently amended sectoral caps and/or entry routes in various sectors, affecting permitted modes of foreign investment; no specific system exists to track individual FDI projects. An annexure provides sector-wise aggregate FDI equity inflows for April-October 2013, reporting totals received via SIA/FIPB, acquisition of existing shares and the RBI automatic route, with food processing, services, drugs and pharmaceuticals and automobile among the leading recipient sectors.