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Revision of existing sectoral guidelines for FDI, including investment by non-resident Indians and overseas corporate bodies
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....ment by non-resident Indians and overseas corporate bodies Press Note 2 (2000 series) dated the 11th February, 2000 enclosing the sector specific guidelines for Foreign Direct Investment (FDI), inter alia includes the following provisions for the Advertising and Film sectors: Automatic approval is available for the following: - Up to 74% FDI in Advertising sector. - Up to 100% FDI in Film indu....