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Global Trade Alert

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India: Amendment leads to a restriction on the type of companies with access to sectors restricted to foreign investment

Description

On 22 August 2013, through Press Note No. 4 the Ministry of Commerce and Industry amended the definition of the word "control" in the FDI policy. The FDI policy differentiates between "owning" and "co...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

22 Aug 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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