India

India

Releasing Consolidated FDI Policy Circular of 2020

15 Oct 2020

On 28 October 2020, Ministry of Commerce and Industry released the Consolidated FDI Policy Circular of 2020. According to the circular, the Consolidated FDI Policy is effective from 15 October 2020. The previous Consolidated FDI Policy had been released on 28 August 2017. This Revised Policy supersedes all the press notes, press releases, clarifications and/or circulars issued by the Ministry of Commerce and Industry, which were in force as on 15 October 2020. The Ministry of Commerce and Industry complied all policies related to the foreign investment regime into a single document to make it simple and easy for foreign investors to understand.