Laws on Indirect Foreign Investments in India: Lawyers Advice for Foreign Investors for their Investments in India
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An important example of such indirect foreign investment could be with respect to the US based company Walmart, and its investment in Flipkart India. Walmart being a US company, invested in Flipkart India thus, having ownership in this E-Commerce entity. This Indian company having foreign investment further invested by way of a stock transaction in another Indian company called Myntra. This investment is called Indirect Foreign Investment where an eligible Indian entity having foreign investment, invests in another Indian company.
