The Government of India (GoI) has recently approved 100% Foreign Direct Investment (FDI) in which of the folowing sectors?

The Government of India (GoI) has recently approved 100% Foreign Direct Investment (FDI) in which of the folowing sectors?
[A]Civil aviation
[B]Defence
[C]Greenfield Pharma
[D]All of the above

All of the above
The Government of India (GoI) has recently approved 100% Foreign Direct Investment (FDI) in defence through the approval route, 100% FDI in food product e-commerce, 100% FDI in greenfield pharma via the automatic route, 100% in brownfield pharma – of which 74% will be through automatic route, 100% FDI in scheduled airlines and up to 49% FDI in airlines through automatic route. Beside this, up to 100% FDI through auomatic route has also been permitted for setting up of uplinking HUBs/Teleports, Mobile TV, DTH, and cable networks operating at national, state and district levels, as well as local cable networks.

Originally written on June 21, 2016 and last modified on June 21, 2016.

Leave a Reply

Your email address will not be published. Required fields are marked *