FDI India foreign direct investment Policy changes 16 July 2013 Press Information Bureau Government of India Ministry

of Commerce & Industry

16-July-2013 21:06 IST

Decisions taken on FDI in the meeting chaired by the Prime Minister on 16.7.2013
There was agreement on the following proposals: Sector 1. Petroleum and Natural Gas and Refining 2. Commodity Exchanges 3. Power Exchanges 4. Stock Exchanges, Depositories, Corporation 5. Asset Reconstruction companies 6. Credit Information companies 7. Single Brand Retail trading 8. Basic and Cellular Services, etc. 9. Courier Services 10. Defence Production Cap 49% 49% 49% 49% Upto 49% 49% to 100% 74% Upto 49% 49% to 100% Upto 49% 49% to 100% 100% Route Automatic Automatic Automatic Automatic Automatic FIPB Automatic Automatic FIPB Automatic FIPB Automatic CCS may approve proposals on case to case basis beyond 26% which are likely to result in access to modern and state of the art technology in the country.