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Sectors in Which FDI in India Is Allowed Under Automatic and Approval Routes

Sectors in Which FDI in India Is Allowed Under Automatic and Approval Routes

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…

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