FDI policy in India
Sai Krishna Muthyanolla
August 29, 2017
The government has recently made changes to the FDI policy by opening up more sectors. Here is a consolidated list of the FDI policy as of August 2017.
Many changes have been made to the Foreign Direct Investment (FDI) policy in the last few years.  Further, FDI is also allowed through two different routes namely, Automatic and the Government route. The erstwhile Foreign Investment Promotion Board (FIPB) has been phased out recently. In the automatic route, foreign entities do not need the prior approval of the government to invest. However, they have to inform the RBI about the amount of investment within a stipulated time period. In the government route, any investment can be made only after the prior approval of the government. Various other conditions as defined in the consolidated FDI policy are applicable to various sectors. In specific sectors, the FDI is prohibited.
Sector wise FDI Limits
(Foreign Airlines are barred from Investing in Air India)
Prohibited Sectors
FDI is prohibited in the following sectors