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  • FDI Policy in India 2

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    There are two main routes for foreign direct investment (FDI) entry into India - the automatic route and the government route. Under the automatic route, investor approval from the Indian government is not required. Under the government route, prior approval is needed. For government route approval, the process involves filing an online application, internal procedures for circulation and comments within various ministries over 6-8 weeks, and final approval within 8-10 weeks total. Reporting requirements and guidance on the FDI process in India can be found on the Invest India website.

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    There are two main routes for foreign direct investment (FDI) entry into India - the automatic route and the government route. Under the automatic route, investor approval from the Indian government is not required. Under the government route, prior approval is needed. For government route approval, the process involves filing an online application, internal procedures for circulation and comments within various ministries over 6-8 weeks, and final approval within 8-10 weeks total. Reporting requirements and guidance on the FDI process in India can be found on the Invest India website.

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    19 views18 pages

    FDI Policy in India 2

    Uploaded by

    asima
    There are two main routes for foreign direct investment (FDI) entry into India - the automatic route and the government route. Under the automatic route, investor approval from the Indian government is not required. Under the government route, prior approval is needed. For government route approval, the process involves filing an online application, internal procedures for circulation and comments within various ministries over 6-8 weeks, and final approval within 8-10 weeks total. Reporting requirements and guidance on the FDI process in India can be found on the Invest India website.

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    of 18

    FDI E NTRY RO UTE S I NT O I NDI A

    Investment climate in India has


    improved considerably since the
    opening up of the economy in 1991.
    This is largely attributed to ease in FDI norms across sectors of the economy. India,
    today is a part of top 100 club on Ease of Doing Business (EoDB) and globally ranks 1st
    in the greenfield FDI ranking. India received the record FDI of $ 60.1 bn in 2016-17

    Automatic Route
    Under the Automatic Route, the non-resident investor or the Indian company does not
    require any approval from Government of India for the investment.
    Government Route
    Under the Government Route, prior to investment, approval from the Government of
    India is required. Proposals for foreign investment under Government route are
    considered by respective Administrative Ministry/ Department.
    PRO CE DURES FOR GO VE R NME NT APPRO VAL

    Filing of Application
    Proposal for foreign investment, along with supporting documents to be filed online, on the
    Foreign Investment Facilitation Portal, at the following url: www.fifp.gov.in/

    Internal Procedure for Approvals


     DPIIT will identify the concerned Ministry/ Department and thereafter, circulate the proposal
    within 2 days. In addition, once the proposal is received, the same would also be circulated online
    to the RBI within 2 days for comments from FEMA perspective.
     Proposed investments from Pakistan and Bangladesh would also require clearance from the
    Ministry of Home Affairs.
     DPIIT would be required to provide its comments within 4 weeks from receipt of an online
    application, & Ministry of Home Affairs (if applicable) to provide comments within 6 weeks.
     Pursuant to the above, additional information/ clarifications may be asked from the applicant
    which is to be provided within 1 week.
     Proposals involving FDI exceeding INR 50bn (approx. $ 775 mn) shall be placed before the
    Cabinet Committee of Economic Affairs.

    Final Approval
    Once the proposal is complete in all respects, the same gets approved within 8-10 weeks.
    FDI RE PO RTI NG REQ UIRE ME N TS

    https://www.investindia.gov.in/foreign-direct-investment

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