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FDI Regime Eased

Updated: Jan 18, 2022

The Cabinet Committee on Economic Affairs (CCEA) vide its press release dated February 11, 2010 a) permitted the Foreign Investment Promotion Board (FIPB) to clear proposals with a total foreign equity inflow of more than Rs.1200 crore, from the existing limit of Rs 600 crore; and b) relaxed the norms under Press Note 1 of 2005 by doing away with the requirement of obtaining FIPB/Government approval, for making subsequent investments.

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