 Posted: Mon 15:01, 01 Apr 2013 Post subject: FDI Policy in India |
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| A foreign company can invest in an Indian company through a joint venture agreement or as a wholly owned subsidiary in the areas which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories. Foreign investment into India is governed by the Foreign Direct Investment (FDI) Policy and the Foreign Exchange Management Act, 1999 (FEMA).
Sectors in which FDI is prohibited As per the latest FDI Policy, FDI is prohibited in the following activities/sectors: Retail Trading (except single brand product retailing) Lottery Business including Government /private lottery, online lotteries,etc. Gambling and Betting including casinos etc. Business of chit fund Nidhi company Trading in Transferable Development Rights (TDRs) Real Estate Business or Construction of Farm Houses Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes. read more.... Company Registration in India | Company Registration Procedure | FDI Policy |
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