India’s FDI policy is reviewed on an ongoing basis, with the idea of making it more investor friendly. To attract higher levels of FDI, the Government has put in place a liberal policy structure, under which FDI up to 100 per cent is permitted under the automatic route in most sectors/activities. Significant changes have been made in the FDI policy regime in recent times to ensure that India remains a highly attractive investment destination. Here’s a complete, end-to-end guide for investing in India.
The Department for Promotion of Industry and Internal Trade (DPIIT), formerly known as the Department of Industrial Policy & Promotion (DIPP), is the nodal department for the formulation. Industrial Policy and the Foreign Direct Investment (FDI) Policy. It is also responsible for the maintenance and management of data on inward foreign direct investment (FDI) into India, based upon the Remittances Report prepared by the Reserve Bank of India.