Export proceeds must be realised and repatriated within nine months from the date of export, or fifteen months for goods sent to a warehouse abroad. AD banks may extend by six months at a time, invoice value may be reduced by up to 25%, and unrealised bills may be written off within prescribed limits.
Read Complete Guide →Manufacturing carries a cap of hundred per cent under the automatic route. Manufacturing may be self manufacturing by the investee entity or contract manufacturing in India through a legally tenable contract, on a Principal to Principal or Principal to Agent basis. A manufacturer may sell his...
The sectoral cap for defence is hundred per cent. The entry route is automatic up to 74% and Government route beyond 74% "wherever it is likely to result in access to modern technology or for other reasons to be recorded". FDI up to 74% under the automatic route is for companies seeking new...
Carriage services (teleports, DTH, cable networks, mobile TV, HITS) and non-news TV channels: hundred per cent, automatic route. FM radio and up-linking of news and current affairs TV channels: 49%, Government route. Uploading or streaming of news and current affairs through digital media: 26%...
Airports, non-scheduled air transport, helicopter and seaplane services, ground handling and maintenance, repair and training are hundred per cent, automatic route. Scheduled air transport and regional air transport carry a cap of hundred per cent with the route automatic up to 49% and Government...
Construction development projects and industrial parks: hundred per cent, automatic route. Each phase is a separate project. The investor may exit on completion of the project or after development of trunk infrastructure; an earlier exit with repatriation needs a lock-in of three years for each...
All three space entries carry a cap of hundred per cent. Satellites (manufacturing and operation), satellite data products, ground segment and user segment: automatic up to 74%, Government route beyond 74%. Launch vehicles and spaceports: automatic up to 49%, Government route beyond 49%. Components...
All telecom services, including Telecom Infrastructure Providers Category-I and Other Service Providers, carry a cap of hundred per cent with the entry route "Automatic". The licensing, security and any other terms and conditions notified by the Department of Telecommunications from time to time...
Cash and carry wholesale trading, B2B e-commerce and the marketplace model of e-commerce: hundred per cent, automatic route. A marketplace entity shall not own the inventory; a vendor's inventory is deemed controlled by it if more than 25% of the vendor's purchases come from the marketplace entity...
Single brand product retail trading: hundred per cent, "Automatic". Products must be of a single brand, sold under the same brand internationally and branded during manufacturing. Where foreign investment goes beyond 51 per cent, 30 per cent of the value of goods procured must be sourced from...
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