Indian Government liberalises FDI policy
On 14 September 2012, the Indian Government approved the proposal of the Department of Industrial Policy & Promotion (DIPP) for amendment of the existing policy on Foreign Direct Investment (FDI) in relation to a range of sectors including retail trading, civil aviation, broadcasting and power trading exchanges.
This update touches on developments with respect to:
- Single-brand Retail Trading
- Multi-brand Retail Trading
- Civil Aviation Sector
- Broadcasting Sector
- Power Trading Exchanges
Clyde & Co's associated firm in India, Clasis Law, has provided the linked update
Written by Vineet Aneja, Partner, Clasis Law (New Delhi) and Sakate Khaitan, Partner, Clasis Law (London)
Please click here to view the update.