Govt Permits Up to 74 per cent FDI Under Automatic Route in Defence Sector
4 years, 3 months ago

Govt Permits Up to 74 per cent FDI Under Automatic Route in Defence Sector

News 18  

The government has permitted foreign direct investment of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday. As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry — 49 per cent under the automatic route, while beyond that government approval was required. According to the Press Note 4 : "FDI up to 74 per cent under automatic route shall be permitted for companies seeking new industrial licences". It also said that infusion of fresh investment up to 49 per cent, in a company not seeking industrial licence or which already has government approval for FDI in defence, shall require "mandatory" submission of a declaration with the defence ministry in case change in equity/shareholding pattern or transfer of stake by existing investor to new foreign investor for FDI up to 49 per cent, within 30 days of such change.

Defence Cent Fdi Defence Sector 49 Per Cent Government Approval  investment  49  govt  74  automatic  sector  foreign  permits  defence  fdi  permitted  route  cent

History of this topic

Favorable cash-pooling policy good for FDI
4 days, 4 hours ago

Favorable cash-pooling policy good for FDI

China Daily  

The People's Bank of China and the State Administration of Foreign Exchange are to optimize the pilot cash pooling program, integrating domestic and foreign currency management for multinational corporations in 10 provinces, municipalities and cities including Shanghai, Jiangsu province and Zhejiang province. As early as March 2021, the PBOC and SAFE initiated the first batch of pilot cash pooling programs, …

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors
1 week, 3 days ago

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors

India TV News  

India has reached a historic milestone with foreign direct investment inflows surpassing USD 1 trillion since April 2000, according to the Department for Promotion of Industry and Internal Trade. Top FDI sources: Small nations lead the pack Mauritius and Singapore dominate Mauritius emerged as the largest contributor, accounting for 25 per cent of FDI inflows, closely followed by Singapore at …

India should not shy away from Chinese investment: Arvind Panagariya explains why
1 week, 4 days ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25
2 weeks, 1 day ago

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25

Live Mint  

New Delhi, Dec 8 Foreign direct investment inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to the Commerce and Industry Ministry, since 2014, India has attracted a cumulative FDI inflow of USD 667.4 billion, registering an increase of …

How FDI flows into India lost momentum
Trending News
1 month, 1 week ago

How FDI flows into India lost momentum

Live Mint  

Foreign portfolio investors were net sellers of Indian equities for nearly all of October, offloading shares worth ₹1.1 trillion. Data from India’s central bank shows that between April and August, net foreign portfolio flows into India totalled $10.3 billion, a steep drop from $22.9 billion in the same period last year. Read this | Mint Explainer: Why India's net FDI …

RBI, Sebi issue framework for reclassifying FPI investments as FDI
1 month, 1 week ago

RBI, Sebi issue framework for reclassifying FPI investments as FDI

New Indian Express  

MUMBAI: The Reserve Bank of India and the Securities and Exchange Board have directed foreign portfolio investors to obtain necessary approvals from the government and concurrence from the investee companies in cases of acquisition of equity holdings beyond the prescribed limits. The direction better aligns with the Fema rules, the regulators said in separate notifications Monday and helps lift the …

How best to attract FDI: Four pointers for an ‘investment-friendly charter’
4 months, 2 weeks ago

How best to attract FDI: Four pointers for an ‘investment-friendly charter’

Live Mint  

Prime Minister Narendra Modi called for the creation of an “investment-friendly charter’ during the ninth Governing Council Meeting of the Niti Aayog on 27 July. Drawing from successful investment models in China and Vietnam and feedback from various firms, we propose that an ‘investment-friendly charter’ should consider a four-step plan to make India a top global investment destination. In 2022, …

Government may review restrictions on FDI from China
4 months, 4 weeks ago

Government may review restrictions on FDI from China

Hindustan Times  

The government is holding discussions whether to review the Press Note 3 that restricted foreign direct investments, particularly from China, in April 2020 after some Chinese entities attempted “opportunistic” acquisitions of Indian companies taking advantage of financial stress caused by the Covid-19 pandemic, two officials said on Wednesday. On Monday, the Economic Survey, prepared by chief economic advisor V Anantha …

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data
6 months, 3 weeks ago

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data

The Hindu  

India received the highest foreign direct investment from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5% due to global economic uncertainties, according to the latest government data. Though FDI from Singapore has dipped by 31.55% to $11.77 billion in 2023-24, India has attracted the maximum inflows from that country, the data showed. "Recently, …

Centre eases FDI norms for space sector to boost offshore investment
8 months ago

Centre eases FDI norms for space sector to boost offshore investment

Hindustan Times  

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments. Amendment made in the FDI policy for space sector through a gazette notification dated April 16, 2024, prescribes liberalized entry route and provides clarity for FDI in satellites, launch vehicles and associated systems …

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit
8 months ago

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit

Firstpost  

Under these new guidelines, foreign investors can now invest up to 100 per cent of FDI into the sector, with 74 per cent being under the automatic route. This includes investments in satellite manufacturing and operations, the ground segment, user segment, as well as satellite data products India will now allow up to 100 per cent FDI investment in satellite …

Officials: China set to pull in more FDI
9 months ago

Officials: China set to pull in more FDI

China Daily  

Tim Cook, CEO of Apple, shows up as Apple opens its eighth store in Shanghai on Thursday. GAO ERQIANG/CHINA DAILY China's vast market size and complete supply chain, combined with a series of policies focused on stabilizing the economy and enhancing openness, will further brighten conditions for attracting foreign investment, said government officials and heads of multinational corporations on Friday. …

GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments
10 months ago

GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments

Firstpost  

The Government of India is loosening its FDA norms for private aerospace sector as it wants to attract major investments. Under the amended FDI policy, India now permits up to 74 per cent FDI under the automatic route in satellite manufacturing and operation The Government of India is loosening its FDA norms for private aerospace sector as it wants to …

Centre announces 100% Foreign Direct Investment in Space sector, move expected to attract potential investors to Indian space companies
10 months ago

Centre announces 100% Foreign Direct Investment in Space sector, move expected to attract potential investors to Indian space companies

Op India  

In a significant move, the Modi government has announced 100% Foreign Direct Investment in the space sector. The Union Cabinet approved the amendment in the FDI policy on the space sector dividing the satellites sub-sector into three different activities with defined limits for foreign investment in each such sector. The Centre stated that the proposed reforms will liberalize the FDI …

100% FDI to be allowed in space sector: Centre
10 months ago

100% FDI to be allowed in space sector: Centre

The Hindu  

Prime Minister Narendra Modi-led Union Cabinet on Wednesday took a series of key decisions, which included the approval for amendments to the existing Foreign Direct Investment policy on space sector. The liberalised entry routes under the amended policy are aimed to attract potential investors to invest in Indian companies in space,” said Union Minister Anurag Thakur. The amended policy extends …

Consistent Decline in FDI Worrying, Deeper Assessment of India’s Prospects Needed - News18
1 year ago

Consistent Decline in FDI Worrying, Deeper Assessment of India’s Prospects Needed - News18

News 18  

India’s GDP grew by 7.6 per cent in the second quarter of the year, a positive sign of economic growth. Even the overall FDI inflows in 2022-23 witnessed a 16 per cent decline, standing at $71.3 billion from $84.8 billion in 2021-22. During January-September of this year, FDI in Vietnam increased by approximately 8 per cent compared to the same …

Pakistan FDI plunges by 44% during first seven months of FY23
1 year, 10 months ago

Pakistan FDI plunges by 44% during first seven months of FY23

Live Mint  

Islamabad, February 22 : Foreign Direct Investment in Pakistan constricted by 44 per cent during the first seven months of Fiscal Year 2023, Pakistan-based financial daily newspaper Business Recorder reported. According to Business Recorder, the State Bank of Pakistan on Monday reported that the country has got FDI amounting to USD 683 million during July-Jan of FY23 as against USD …

India is on track to attract USD 100 bn FDI this fiscal: Govt
2 years, 3 months ago

India is on track to attract USD 100 bn FDI this fiscal: Govt

India TV News  

Highlights India is on track to attract USD 100 billion foreign direct investment in the current fiscal In 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion FDI equity inflows in India dipped by 6 per cent to USD 16.6 billion during April-June period India is on track to attract USD 100 billion foreign direct investment …

Foreign Direct Investment In India: Law And Procedure
2 years, 3 months ago

Foreign Direct Investment In India: Law And Procedure

Live Law  

1.1 What is FDI? In terms of Rule 2 of Foreign Exchange Management Rules, 2019, "Foreign Direct Investment means investment through equity instruments by a person resident outside India in an unlisted Indian company; or in ten percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company." Since the 1991 …

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22
2 years, 4 months ago

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22

Firstpost  

The increase in FDI inflows is a result of the measures taken by the Government on FDI policy reforms, stated the official statement New Delhi: India received its highest ever Foreign Direct Investment inflow of Rs 6,31,050 crore in Financial Year 2021-22 said Som Parkash, Minister of State in the Ministry of Commerce and Industry. The FDI Equity inflow in …

Manufacturing sector gets $21 bn FDI in FY22, increases by 76% YoY
2 years, 4 months ago

Manufacturing sector gets $21 bn FDI in FY22, increases by 76% YoY

Business Standard  

The manufacturing sector attracted foreign direct investments worth USD 21.34 billion in 2021-22, an increase of 76 per cent year-on-year, the commerce ministry said on Thursday. It said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, and e-commerce. "FDI equity inflows in the manufacturing sectors …

Manufacturing sector gets $21bn foreign direct investment in FY22
2 years, 4 months ago

Manufacturing sector gets $21bn foreign direct investment in FY22

The Hindu  

The manufacturing sector attracted Foreign Direct Investments worth $21.34 billion in 2021-22, an increase of 76% year-over-year, the Commerce Ministry said on July 28. It said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, and e-commerce. "FDI equity inflows in the manufacturing sectors have increased …

India registers highest FDI inflow in FY21-22, IT sector bags 25% of total
2 years, 7 months ago

India registers highest FDI inflow in FY21-22, IT sector bags 25% of total

Op India  

In the fiscal year 2021-22, India has recorded the largest annual Foreign Direct Investment inflow of USD 83.57 billion. In 2014-2015, India received 45.15 billion USD in FDI, compared to the highest ever annual FDI inflow of USD 83.57 billion reported for the fiscal year 2021-22, surpassing the previous year’s FDI by USD 1.60 billion. Computer Software & Hardware has …

Foreign direct investment inflow to India may touch $100 bn in 2022-23: Report
2 years, 8 months ago

Foreign direct investment inflow to India may touch $100 bn in 2022-23: Report

Hindustan Times  

Foreign Direct Investment inflow to India is expected to reach $100 billion in FY2022/23 supported by various economic reforms and increased ease of doing business, the PHD Chamber of Commerce and Industry said in a report Friday. Foreign Direct Investment PHDCCI president Pradeep Multani said he expected FY22/23 real GDP growth of over 8 per cent, which is nearly a …

India logged highest FDI inflow in 2020-21: Centre tells Parliament
2 years, 10 months ago

India logged highest FDI inflow in 2020-21: Centre tells Parliament

Hindustan Times  

The Union government told Parliament on Friday that India registered its highest-ever annual Foreign Direct Investment inflow of US$ 81.97 billion in 2020-21. The government said these trends in India’s FDI are an endorsement of its status as a preferred investment destination amongst global investors. India registered its highest-ever annual Foreign Direct Investment inflow of US$ 81.97 billion in 2020-21, …

FDI in India: Foreign Direct Investment inflows continue to increase, says govt
2 years, 10 months ago

FDI in India: Foreign Direct Investment inflows continue to increase, says govt

Live Mint  

The Foreign Direct Investment inflows has shown a continuous increase from $45.15 billion in 2014-15 to $81.97 billion in 2020-21, Minister of State in the Ministry of Commerce and Industry, Som Parkash, said in a written reply in the Lok Sabha on Wednesday. During the last five fiscal, FDI inflows worth $339.55 billion have been reported into India. The financial …

Centre permits 100% FDI in telecom sector
3 years, 2 months ago

Centre permits 100% FDI in telecom sector

Hindustan Times  

The Centre on Tuesday informed that it has permitted 100% FDI under automatic route in the telecom services sector, news agency PTI reported. Press Note 3 of 2020 shared by the DPIIT states that a “non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which …

FDI in computer software, hardware jumps threefold in 2020-21
3 years, 6 months ago

FDI in computer software, hardware jumps threefold in 2020-21

India TV News  

Foreign direct investment in computer software and hardware jumped over threefold to USD 26.14 billion during 2020-21 on account of significant growth in the country's technology space, according to data from the Department for Promotion of Industry and Internal Trade. The sector received USD 7.67 billion FDI in 2019-20 and USD 6.41 billion in 2018-19, the data showed. The computer …

FDI flows hit a record $72.12 billion in 10 months
3 years, 8 months ago

FDI flows hit a record $72.12 billion in 10 months

The Hindu  

Foreign Direct Investment flows into India, including reinvested earnings, hit a record $72.12 billion between April 2020 and January 2021, though fresh foreign equity investments in January 2021 fell sharply to $2.71 billion from $7.62 billion in December 2020. Japan accounted for 29% of the total FDI equity flows in January, followed by Singapore and the U.S., with consultancy services …

India's FDI equity inflow up 28% year-on-year in April-January period
3 years, 8 months ago

India's FDI equity inflow up 28% year-on-year in April-January period

Business Standard  

India's FDI equity inflow up 28% year-on-year in April-January period Singapore is the top source of FDI in India, with 30.28% share of entire FDI equity inflow. US comes next, with 24.28% and UAE at 7.31% Premium In January, Japan topped the list of investor countries to invest in India with 29.09 per cent of the total inbound equity FDI, …

FDI Equity Inflows Up 28% to $ 54.18 Billion During April-January
3 years, 8 months ago

FDI Equity Inflows Up 28% to $ 54.18 Billion During April-January

News 18  

New Delhi: FDI equity inflows into the country during April-January 2020-21 grew by 28 per cent to USD 54.18 billion, according to the Commerce and Industry Ministry data released on Monday. Total FDI during the 10-month period in FY21 increased by 15 per cent to USD 72.12 billion over the year-ago period. "The measures taken by the government on the …

Parliament Passes Bill To Increase FDI Ceiling Limit In Insurance Sector To 74% From 49%
3 years, 9 months ago

Parliament Passes Bill To Increase FDI Ceiling Limit In Insurance Sector To 74% From 49%

Live Law  

The Lok Sabha on Monday passed the Insurance Bill, 2021 which seeks to increase the maximum permissible Foreign Direct Investment in the insurance sector to 74%, from the current limit of 49%. As per the Statement of Object annexed to the Bill, "In order to achieve the objective of Government's Foreign Direct Investment Policy of supplementing domestic long-term capital, technology …

Cabinet Approves Amendments in Insurance Act to Increase FDI up to 74%: Report
3 years, 9 months ago

Cabinet Approves Amendments in Insurance Act to Increase FDI up to 74%: Report

News 18  

New Delhi: The Union Cabinet on Wednesday gave its nod for amendments in the Insurance Act, paving way for 74 per cent foreign direct investment in the sector. Currently, the permissible FDI limit in the life and general insurance stands at 49 per cent with ownership and management control with Indian. Finance Minister Nirmala Sitharaman in Budget 2021-22 said, “I …

FDI in computer software, hardware jumps 4-folds to $ 24.4 billion during Apr-Dec 2020
3 years, 9 months ago

FDI in computer software, hardware jumps 4-folds to $ 24.4 billion during Apr-Dec 2020

The Hindu  

Foreign direct investments in the computer software and hardware sector jumped nearly four-times to $ 24.4 billion during April-December 2020-21, according to the latest data of DPIIT. While in the year-ago period the sector received $ 6.4 billion FDI, the entire 2019-20 saw overseas investment of $ 7.7 billion, the Department for Promotion of Industry and Internal Trade data showed. …

FDI rises 40% to $51.47 billion in Apr-Dec 2020-21
3 years, 9 months ago

FDI rises 40% to $51.47 billion in Apr-Dec 2020-21

The Hindu  

Foreign direct investment in India grew 40% to $51.47 billion during April-December 2020-21, according to government data released on Thursday. India has attracted 22% higher FDI inflow of $67.54 billion during the first nine months of the current fiscal as against $55.14 billion in the same period of 2019-20. "FDI equity inflow grew by 40% in the first nine months …

16% surge in FDI inflows till August
4 years, 2 months ago

16% surge in FDI inflows till August

The Hindu  

Foreign direct investment inflows into India in the first five months of 2020-21 have hit a record high, despite a sharp 60% contraction in the first quarter, with July and August raking in over $20 billion of equity FDI. Equity FDI more than quadrupled from $6.5 billion between April and June, to $27.1 billion by August — 16% higher than …

Govt’s decision on FDI in defence to enhance self-reliance in sector: Goyal
4 years, 3 months ago

Govt’s decision on FDI in defence to enhance self-reliance in sector: Goyal

The Hindu  

The government’s decision to ease FDI norms in the defence sector will push self-reliance in production and keep national interests and security paramount, Commerce and Industry Minister Piyush Goyal said on Friday. The government has permitted 74% foreign direct investment under automatic route in the sector with certain conditions. The permit for up to 74% FDI in the defence manufacturing …

Over 1,600 Indian Firms Got $1 Billion FDI from China From April 2016 to March 2020, Shows Govt Data
4 years, 3 months ago

Over 1,600 Indian Firms Got $1 Billion FDI from China From April 2016 to March 2020, Shows Govt Data

News 18  

More than 1,600 Indian companies have received foreign direct investments worth $ 1 billion from China during the April 2016 to March 2020 period, according to government data. Over 1,600 companies received $ 1,020.25 million Foreign Direct Investment equity inflows from China for the April 2016 to March 2020 period, as per the data. In the written reply, Minister of …

FDI inflow from China declines to USD 163.77 million in FY20: Thakur
4 years, 3 months ago

FDI inflow from China declines to USD 163.77 million in FY20: Thakur

The Hindu  

There has been decline in foreign direct inflow from China in the last three years with FDI coming down to USD 163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed Lok Sabha on Monday. Giving details of the total foreign direct investment inflow from Chinese companies in India, he said, it was USD 350.22 million in …

FDI in Commercial Mining: Govt Nod Needed For Companies From Nations Sharing Border With India
4 years, 4 months ago

FDI in Commercial Mining: Govt Nod Needed For Companies From Nations Sharing Border With India

News 18  

The Centre on Monday clarified that any foreign direct investment in commercial coal mining from an entity of a country that shares land border with India will be allowed only after government approval. "This is with reference to the ongoing auction process of coal mines for commercial coal mining.It is further clarified that any FDI in the commercial coal mining …

Govt Notifies Changes in FDI Norms on Civil Aviation, Allows NRIs to Acquire Upto 100 Percent in Air India
4 years, 4 months ago

Govt Notifies Changes in FDI Norms on Civil Aviation, Allows NRIs to Acquire Upto 100 Percent in Air India

News 18  

The government has notified changes in Foreign Direct Investment norms on civil aviation, which will permit non-resident Indian nationals to own 100 per cent stake of Air India. "Foreign investments in M/s Air India Limited, including that of foreign airlines shall not exceed 49 per cent either directly or indirectly except in case of those NRIs, who are Indian Nationals, …

74% FDI in defence | Notification soon, says Department of Defence Production official
4 years, 4 months ago

74% FDI in defence | Notification soon, says Department of Defence Production official

The Hindu  

The government is going to come out with a decision on 74% Foreign Direct Investment in defence and a notification is likely in the next few days, according to V.L. It's 100% FDI in most sectors, including defence Separately, the Defence Ministry said the second draft of the Defence Procurement Procedure 2020, now renamed as the Defence Acquisition Procedure 2020, …

Discover Related