Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016 - 381/2016-RB - Foreign Exchange Management
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Foreign investment caps and entry routes updated; sectoral conditions and disclosure rules govern automatic and government approvals. The amendment revises Annex B to Schedule 1, specifying sectoral foreign investment caps, entry routes (automatic or government approval) and associated conditions. It permits foreign investment in defined agricultural activities under controlled conditions, allows manufacturing under the automatic route with sales via wholesale/retail/e commerce, sets tiered entry and security/licensing conditions for defence, prescribes entry and compliance requirements for broadcasting, airports, SBRT and pharmaceuticals, and mandates disclosures and certifications for brownfield pharmaceutical investments.
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Provisions expressly mentioned in the judgment/order text.
Foreign investment caps and entry routes updated; sectoral conditions and disclosure rules govern automatic and government approvals.
The amendment revises Annex B to Schedule 1, specifying sectoral foreign investment caps, entry routes (automatic or government approval) and associated conditions. It permits foreign investment in defined agricultural activities under controlled conditions, allows manufacturing under the automatic route with sales via wholesale/retail/e commerce, sets tiered entry and security/licensing conditions for defence, prescribes entry and compliance requirements for broadcasting, airports, SBRT and pharmaceuticals, and mandates disclosures and certifications for brownfield pharmaceutical investments.
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