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    <title>FDI in Telecom Sector</title>
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    <description>The regulatory framework sets a composite FDI cap of 74% in the telecom sector; a February 2009 methodological change excludes minority foreign holdings in investing companies from a licensee&#039;s composite FDI where those investing companies are owned and controlled by resident Indians, replacing an earlier proportionate attribution approach and thereby reducing reported composite foreign holdings in some licensees and creating headroom for further foreign investment.</description>
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      <description>The regulatory framework sets a composite FDI cap of 74% in the telecom sector; a February 2009 methodological change excludes minority foreign holdings in investing companies from a licensee&#039;s composite FDI where those investing companies are owned and controlled by resident Indians, replacing an earlier proportionate attribution approach and thereby reducing reported composite foreign holdings in some licensees and creating headroom for further foreign investment.</description>
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