https://www.taxtmi.com/circulars?id=4176 Foreign direct investment is permitted on the automatic route for both new and existing industrial parks without the construction-development conditionalities if the park meets specified conditions: it must comprise a minimum number of independent units with no single unit occupying more than half of the allocable area, and not less than two thirds of the allocable area must be allocated for industrial activity. The guidelines define industrial park, infrastructure, common facilities, allocable area and eligible industrial activities, and list required common services and amenities. en-us Wed, 12 Mar 2008 00:00:00 +0530 Wed, 01 Oct 2008 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4176 Foreign direct investment is permitted on the automatic route for both new and existing industrial parks without the construction-development conditionalities if the park meets specified conditions: it must comprise a minimum number of independent units with no single unit occupying more than half of the allocable area, and not less than two thirds of the allocable area must be allocated for industrial activity. The guidelines define industrial park, infrastructure, common facilities, allocable area and eligible industrial activities, and list required common services and amenities. Circulars FEMA Wed, 12 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4176