Liberalization of FDI Rules

Several changes to India’s foreign direct investment policy were brought by Press Note 4, dated 18 September 2019. These changes abolish foreign equity caps in coal and lignite mining activities, contract manufacturing, single brand retail trading, and allowed foreign capital of up to 26% in digital media under the government route.

• Type:

  • Entry and establishment (Ownership and control)

• Industry:

  • Primary (Mining and quarrying)
  • Services (Wholesale and retail trade, Publishing, audiovisual and broadcasting activities)

• Sources:

  • Ministry of Commerce and Industry, Press Note No.4 (2019 Series), https://dipp.gov.in/sites/default/files/pn4_2019.pdf, 18 Sep 2019
  • Lexology, Liberalisation of FDI Rules / Press Note 4, https://www.lexology.com/library/detail.aspx?g=7a71a1fa-60ad-46e4-92ef-4e52c282be0b, 26 Sep 2019