Global Trade Alert
Global Trade Alert

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India: Central bank approval not required for opening project offices by foreign investors in certain sectors

Description

On 21 January 2019, the Reserve Bank of India through Notification No. FEMA 22 (R)/(2)/2019-RB amended the regulations for the establishment of a branch/project/liaison office or any other place of bu...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

21 Jan 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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