| SECTOR | FDI CAP /
EQUITY | ENTRY ROUTE | CONDITIONS | Relevant Press Note issued by DIPP
dipp.gov.in |
Airports
(a)Greenfield projects | 100 per cent | Automatic | Subject to sectoral regulations notified by Ministry of Civil Aviation
www.civilaviation.nic. in | PN 4 / 2006 |
| (b) Existing projects | 100 per cent | FIPB beyond 74 per cent. | Subject to sectoral regulations notified by Ministry of Civil Aviation
www.civilaviation.nic. in | PN 4 / 2006 |
| Construction Development Projects, including housing, commercial premises, resorts, educational institutions, recreational facilities, city and regional level infrastructure, townships. | 100 per cent | Automatic | Subject to conditions notified vide Press Note 2 (2005 Series) including:
a. minimum capitalization of US$ 10 million for wholly owned subsidiaries and US$ 5 million for joint venture. The funds would have to be brought within six months of commencement of business of the Company.
b. Minimum area to be developed under each project- 10 hectares in case of development of serviced housing plots; and built-up area of 50,000 sq. mts. in case of construction development project; and any of the above in case of a combination project.
[Note: For investment by NRIs, the conditions mentioned in Press Note 2 / 2005 are not applicable.] | PN 2 / 2005 &
PN 2 / 2006 |
Petroleum & Natural Gas Sector
(a)Other than Refining and including market study and formulation; investment/ financing; setting up infrastructure for marketing in Petroleum & Natural Gas sector. | 100 per cent | Automatic | Subject to sectoral regulations issued by Ministry of Petroleum & Natural Gas; and in the case of actual trading and marketing of petroleum products, divestment of 26 per cent equity in favour of Indian partner/public within 5 years. www.petroleum.nic.in | PN 1 / 2004 &
PN 4 / 2006 |
| (b) Refining | 26 per cent in case of PSUs
100 per cent in case of Private companies | FIPB
(in case of PSUs)
Automatic
(in case of private companies) | Subject to Sectoral policy
www.petroleum.nic.in | PN 2 / 2000 |
Telecommunication
(a) Basic and cellular, Unified Access Services, National/International Long Distance, V-Sat, Public Mobile Radio Trunked Services (PMRTS), Global Mobile Personal Communications Services (GMPCS) and other value added telecom services | 74 per cent (Including FDI, FII, NRI, FCCBs ADRs, GDRs, convertible preference shares, and proportionate foreign equity in Indian promoters/ Investing Company) | Automatic up to 49 per cent.
FIPB beyond 49 per cent | Subject to guidelines notified in the PN 5 / 2005 Series | PN 5 / 2005 |
| (b) ISP with gateways, radio-paging, end-to-end bandwidth. | 74 per cent | Automatic up to 49 per cent.
FIPB beyond 49 per cent | Subject to licensing and security requirements notified by the Department of Telecommunications | PN 4 / 2001 |
| (c) ISP without gateway, infrastructure provider providing dark fibre, electronic mail and voice mail | 100 per cent | Automatic up to 49 per cent.
FIPB beyond 49 per cent | Subject to the condition that such companies shall divest 26 per cent of their equity in favour of Indian public in 5 years, if these companies are listed in other parts of the world. Also subject to licensing and security requirements, where required. | PN 9 / 2005 |
| (d) Manufacture of telecom equipments | 100 per cent | Automatic | Subject to sectoral requirements.
www.dotindia.com | |
| Power including generation Sectoral (except Atomic energy); Regulations transmission, distribution and Power Trading | | | Subject provisions of the Electricity Act, 2003 www.powermin.nic.in | PN 2 / 1998, PN / 7 2000, PN 4 / 2006 |
| Ports | 100 per cent | Automatic | Subject to sectoral regulations | PN 2 / 2000 |
| Roads & Highways | 100 per cent | Automatic | Subject to sectoral regulations | PN 2 / 2000 |
| Shipping | 100 per cent | Automatic | Subject to sectoral regulations | PN 2 / 2000 |
