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Review of the policy on foreign direct investment in the manufacture of Cigarettes etc.

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....ion The present policy of Government of India permits 100% Foreign Direct Investment (FDI) under Government route i.e. with prior approval of Foreign Investment Promotion Board (FIPB) in the manufacture of Cigars & Cigarettes, subject to obtaining industrial license under the Industries (Development & Regulation) Act, 1951. 2.0 Revised Position The Government of India has reviewed the extant po....

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Review of the policy on foreign direct investment in the manufacture of Cigarettes etc.