<h1>Union Minister Announces 100% FDI Allowed in Most Sectors via Automatic Route to Boost Economic Growth.</h1> Foreign Direct Investment (FDI) up to 100% is allowed under the automatic route in most sectors, as announced by the Union Minister of Commerce and Industry. FDI is intended to enhance domestic investment, promote economic development, and provide access to advanced technology and global management practices. From April 2004 to March 2008, significant FDI equity inflows were observed in sectors such as services, computer software and hardware, telecommunications, construction, housing and real estate, and others, with varying amounts each year. These investments facilitate international quality standards and modern technological access.