Global Trade Alert
Global Trade Alert

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India: FDI regime restricts investments by neighbouring countries in response to the COVID-19 pandemic

Description

Effective 17 April 2020, the Department for Promotion of Industry and Internal Trade has through Press Note No. 3(2020 series) amended the FDI policy with the objective to "curb opportunistic takeover...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

17 Apr 2020

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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Affected Sectors

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Affected Products

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