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What Is The Automatic Route Of FDI In India?

What Is The Automatic Route Of FDI In India?

Foreign direct investment, in its simplest definition is an investment by an entity placed outside the country where the investment is being made. In India, overseas investment is a significant driver of economic growth. Apart from being a facilitator of economic development, foreign direct investment in India also brings in new technology, managerial expertise, new raw materials, and improved infrastructure into the country. It is characterized by a notion of direct control in the business. India has become an attractive…

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