In January , Government of India allowed foreign airlines to invest in Air India up to 49 per cent with government approval.
FDI equity inflows distribution in India by sector 12222
The investment cannot exceed 49 per cent directly or indirectly. In September , the Government of India asked the states to focus on strengthening single window clearance system for fast-tracking approval processes, in order to increase Japanese investments in India.
The Ministry of Commerce and Industry, Government of India has eased the approval mechanism for foreign direct investment FDI proposals by doing away with the approval of Department of Revenue and mandating clearance of all proposals requiring approval within 10 weeks after the receipt of application. The Government of India is in talks with stakeholders to further ease foreign direct investment FDI in defence under the automatic route to 51 per cent from the current 49 per cent, in order to give a boost to the Make in India initiative and to generate employment.
India has become the most attractive emerging market for global partners GP investment for the coming 12 months, as per a recent market attractiveness survey conducted by Emerging Market Private Equity Association EMPEA.
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Financial Times. NDTV Profit.
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