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Global Trade Alert

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India: Increase in FDI cap on defence investments

Description

On 26 August 2014, the Department of Industrial Policy and Promotion increased the cap on FDI in the Defence Industry from 26% to 49%. Such investments will still require prior approval of the governm...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

26 Aug 2014

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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Threads

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