FDI Policy in India: Legal Perspective | FDI Attorney in Delhi NCR | FDI Attorney in India | India Business Entry
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The Indian FDI policy provides for investments through ‘automatic route’ in sectors where prior approval of the RBI or the Government is not required. However, the policy stipulates certain sectors where investments shall be made through ‘approval route’. The concerned ministries through Foreign Investment Facilitation Portal (FIFP), administered by the Ministry of Commerce and Industry, process the applications under the approval route, in accordance with the Standard Operating Procedure (SOP) and their approvals are subject to the sectoral caps and the prohibited list as per the updated consolidated FDI policy.
