India eases FDI rules, allows firms with up to 10% Chinese shareholding under automatic route

India eases FDI rules, allows firms with up to 10% Chinese shareholding under automatic route

India amends FDI policy to allow overseas firms with up to 10% Chinese shareholding to invest via the automatic route, easing restrictions introduced under Press Note 3.

Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the FDI policy to permit overseas companies with Chinese shareholding of up to 10 per cent to invest in I… [+3163 chars]
India eases FDI rules, allows firms with up to 10% Chinese shareholding under automatic route - FHMnews