The Indian Government has recently taken Measures and eased the FDI norms in following 15 Sectors under the initiative of  MAKE IN INDIA : –

  • Townships, shopping complexes & business centres – all allow up to 100% FDI under the auto route. Conditions on minimum capitalisation & floor area restrictions have now been removed for the construction development sector.
  • India’s defence sector now allows consolidated FDI up to 49% under the automatic route. FDI beyond 49% will now be considered by the Foreign Investment Promotion Board. Govt approval route will be required only when FDI results in a change of ownership pattern.
  • Private sector banks now allow consolidated FDI up to 74%.
  • Up to 100% FDI is now allowed in coffee/rubber/cardamom/palm oil & olive oil plantations via the automatic route.100% FDI is now allowed via the auto route in duty free shops located and operated in the customs bonded areas.
  • Manufacturers can now sell their products through wholesale and/or retail, including through e-commerce without Government Approval.
  • Foreign Equity caps have now been increased for establishment & operation of satellites, credit    information companies, non-scheduled air transport & ground handling services from 74% to 100%.
  • 100% FDI allowed in medical devices
  • FDI cap increased in insurance & sub-activities from 26% to 49%
  • FDI up to 49% has been permitted in the Pension Sector.
  • Construction, operation and maintenance of specified activities of Railway sector opened to 100% foreign direct investment under automatic route.
  • FDI policy on Construction Development sector has been liberalized by relaxing the norms pertaining to minimum area, minimum capitalization and repatriation of funds or exit from the project. To encourage investment in affordable housing, projects committing 30 percent of the total project cost for low cost affordable housing have been exempted from minimum area and capitalization norms.
  • Investment by NRIs under Schedule 4 of FEMA (Transfer or Issue of Security by Persons Resident outside India) Regulations will be deemed to be domestic investment at par with the investment made by residents.
  • Composite caps on foreign investments introduced to bring uniformity and simplicity is brought across the sectors in FDI policy.
  • 100% FDI allowed in White Label ATM Operations.

Ascent Supply Chain Consultants Pvt. Ltd. (ASCC) can assist you to set up a manufacturing Unit and guide you on various aspects of doing business in India.