Global Trade Alert
Global Trade Alert

India: Overseas investment in submarine cable systems contracts allowed

Announcement

01 Apr 2010

India has allowed domestic companies to invest in international submarine cable system contracts.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Apr 2010

Revocation date:

No revocation date

Updated: 01 Apr 2010
FDI: Entry and ownership rule In force

On 1 April 2010, the Reserve Bank of India through RBI/2009-10/376 A.P. (DIR Series) Circular No.45 allowed Indian companies to participate in consortiums of international operators constructing an...

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