https://www.taxtmi.com/circulars?id=7359 FDI into Micro and Small Enterprises is permitted subject to sectoral equity caps, entry routes and applicable sectoral regulations following redefinition of MSEs by investment in plant and machinery/equipment; Press Note 18 (1997) is modified accordingly. Industrial undertakings not qualifying as MSEs that manufacture items reserved for MSEs require an Industrial Licence, must satisfy licensing conditions including an export obligation on new or additional production from commercial commencement, and need prior government approval where foreign equity exceeds the automatic entry threshold. en-us Fri, 04 Sep 2009 00:00:00 +0530 Wed, 21 Oct 2009 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7359 FDI into Micro and Small Enterprises is permitted subject to sectoral equity caps, entry routes and applicable sectoral regulations following redefinition of MSEs by investment in plant and machinery/equipment; Press Note 18 (1997) is modified accordingly. Industrial undertakings not qualifying as MSEs that manufacture items reserved for MSEs require an Industrial Licence, must satisfy licensing conditions including an export obligation on new or additional production from commercial commencement, and need prior government approval where foreign equity exceeds the automatic entry threshold. Circulars FEMA Fri, 04 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7359