Overseas Investment by Indian Companies/Partnership Firms –

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.... by Indian Companies/Partnership Firms - * Liberalisation of the Automatic Route * Facilities for Investment in Agriculture Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2000 notified by the Reserve Bank vide Notification No. FEMA 19/RB-2000 dated May 3, 2000 as amended from time to time. a. Liberalisat....

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....incidental to this activity only through a Joint Venture (JV) / Wholly Owned Subsidiary (WOS) abroad. In order to enable the Indian companies to take advantage of global opportunities and also to acquire technological and other skills for adoption in India, it has now been decided to allow resident corporates and registered partnership firms to undertake agricultural activities overseas including ....