https://www.taxtmi.com/news?id=82 The regulatory position confirms that FDI up to 100 per cent under the automatic route is permitted for specified agro and allied activities, and for the Food Processing Industry and related infrastructure; tea plantations are permitted FDI subject to prior government approval and a mandated divestment of 26 per cent equity to Indian interests within five years and state approval for future land use change. en-us Tue, 14 Aug 2007 21:59:00 +0530 Wed, 25 Jun 2008 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=82 The regulatory position confirms that FDI up to 100 per cent under the automatic route is permitted for specified agro and allied activities, and for the Food Processing Industry and related infrastructure; tea plantations are permitted FDI subject to prior government approval and a mandated divestment of 26 per cent equity to Indian interests within five years and state approval for future land use change. News - Tue, 14 Aug 2007 21:59:00 +0530 https://www.taxtmi.com/news?id=82