Net foreign direct investment (FDI) into India hit a fresh high of $43.366 billion in the year ended March 2021 as it crossed the previous year's high of $43.013 billion. India's central bank, the Reserve Bank of India said that while the direct investment to India in FY21 stood at...
India to Ease Rules for Foreign Direct Investment
The Government of India has already eased rules for FDI or Foreign Direct Investment considerably, and only a handful of sectors exist where government approval is required for an investment over 49%. The Department for Promotion of Industry and Internal Trade (DPIIT) has begun to identify such sectors for which...
India Increases FDI to 100% in Defense
Foreign defense firms can now set up fully owned subsidiaries in India following the Indian government’s decision to increase Foreign Direct Investment in the defense sector to 100 percent from 49 percent, reports Defense World. Foreign investment beyond 49 per cent has now been permitted through a government approval route...
India’s Commerce Minister Reports 48% Increased FDI
Minister of State for Commerce Nirmala Sitharaman, said that since the launch of the ‘Make in India' initiative in September 2014, there has been a 48 percent increase in Foreign Direct Investment inflows for the period October 2014 to April 2015 as compared to the corresponding time frame of the...
FDI Confidence Index 2015 Ranks India at 11th Place
IBN Live reports, India was ranked 11th among countries attracting Foreign Direct Investment last year. This ranking is per a survey conducted by AT Kearney.
India’s Telecom Sector Witnesses Surge in Foreign Direct Investment
Live Mint reports that the explosive growth in data consumption is taking India’s telecom sector to its next stage of growth, and foreign investments have seen a surge because of it. India permitted 100% foreign direct investment in the telecom sector in July 2013, and the first 10 months of ...