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Investment Commitments under Make In India progamme

Investment Commitments under ‘Make In India’ progamme - News and Press Release - Dated:- 10-3-2016 - The investment commitments, through Foreign Direct Investment (FDI) equity inflows after launch of Make in India Initiative in September, 2014 has been worked out as USD 45,682 million for the period between October 2014 - December 2015 (15 months after Make in India initiative launch). The Government is taking various measures for bringing investments to the country like opening up Foreign Direc .....

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with the investment made by residents. 3. The special dispensation of NRIs has also been extended to companies, trusts and partnership firms, which are incorporated outside India and are owned and controlled by NRIs. 4. 100% FDI under automatic route for manufacturing of medical devices has been permitted. 5. FDI Policy on Insurance sector reviewed to increase the sectoral cap of foreign investment from 26% to 49% with foreign investment up to 26% to be under automatic route. Similar changes hav .....

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tion of floor area of 20,000 sq. mtrs in construction development projects and minimum capitalization of US $ 5 million to be brought in within the period of six months of the commencement of business. b) Exit and repatriation of foreign investment is now permitted after a lock-in-period of three years. Transfer of stake from one non-resident to another non-resident, without repatriation of investment is also neither to be subjected to any lock-in period nor to any government approval. c) Exit i .....

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he foreign investment in access of 49% has been allowed on case to case basis with Government approval in case of access to modern and state-of-art technology related manufacturing. 10. FDI policy on Broadcasting sector has also been amended as under: Sector/Activity New Cap and Route 6.2.7.1.1 (1) Teleports(setting up of up-linking HUBs/Teleports); (2) Direct to Home (DTH); (3) Cable Networks (Multi System operators (MSOs) operating at National or State or District level and undertaking upgrada .....

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Affairs TV Channels 6.2.7.2.3 Up-linking of Non- News & Current Affairs TV Channels 100% Automatic route Down-linking of TV Channels 11. Government has decided to introduce full fungibility of foreign investment in Banking-Private sector. Accordingly, FIIs/FPIs/QFIs, following due procedure, can now invest up to sectoral limit of 74%, provided that there is no change of control and management of the investee company. 12. Government has opened certain plantation activities namely; coffee, ru .....

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ing-edge technology sourcing norms can be relaxed subject to Government approval. Further, an entity operating SBRT through brick and mortar stores has been permitted to undertake e-commerce activities as well. 15. Indian brands are equally eligible for FDI to undertake SBRT. In this regard, it has been decided that certain conditions of the FDI policy on the sector namely; products to be sold under the same brand internationally and investment by non-resident entity/ entities as the brand owner .....

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tnerships (LLP) operating in sectors/activities where 100% FDI is allowed, through the automatic route and there are no FDI-linked performance conditions. Further, the terms ownership and control with reference to LLPs have also been defined. 19. Regional Air Transport Service (RSOP) has been opened for foreign investment up to 49% under automatic route. Further, foreign equity cap of activities of Non-Scheduled Air Transport Service, Ground Handling Services have been increased from 74% to 100% .....

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