100% FDI - construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, ports and harbours

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....g construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, ports and harbours are eligible for automatic approval upto 74% foreign equity. 2. The Government have reviewed the existing guidelines for automatic approval for foreign equity for construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, ports and harbour....

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....st appended to this Press Note is based on the National Industrial classification of all economic activities (NIC), 1987. The entrepreneurs / investors are advised to give the description of the activities under this classification system when submitting the application to the RBI. 5. All other terms and conditions as notified under Press Note No.2 (1997 series) dated the 17th January, 1997 and P....