Sectors in Which FDI in India Is Allowed Under Automatic and Approval Routes
Comments FDI In India
Foreign direct investment or FDI is when an individual or a company invests into the business of another country. This investment is characterized by a notion of direct control. Therefore, it is safe to conclude that FDI is not just simply the transfer of funds from one country into a business based in another country, it hold the idea of lasting ownership. Now, foreign direct investment in India is made under two routes- automatic and approval or government. While a…