https://www.taxtmi.com/news?id=16941 The regulatory framework distinguishes automatic approval for minority foreign holdings from a government approval route for larger foreign participation, with industrial licensing under the Industries (Development and Regulation) Act, 1951, remaining applicable. Proposals exceeding the automatic threshold are examined for technology access by the defence ministry with stakeholder consultation and pass through an inter-ministerial foreign investment clearance process coordinated by the finance ministry. en-us Fri, 25 Nov 2016 17:27:12 +0530 Fri, 25 Nov 2016 17:27:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16941 The regulatory framework distinguishes automatic approval for minority foreign holdings from a government approval route for larger foreign participation, with industrial licensing under the Industries (Development and Regulation) Act, 1951, remaining applicable. Proposals exceeding the automatic threshold are examined for technology access by the defence ministry with stakeholder consultation and pass through an inter-ministerial foreign investment clearance process coordinated by the finance ministry. News - Fri, 25 Nov 2016 17:27:12 +0530 https://www.taxtmi.com/news?id=16941