Thousands of foreign tourists are now visiting India. Photo: Tauseef Mustafa/AFP/Getty Image
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8. A PROACTIVE FDI POLICY:
FDI under ‘Automatic Route,’ except in areas:
Attracting compulsory licensing; or for acquisition of shares in an existing company.
Sectors not open to FDI. (Gambling, lottery, et cetera.)
Investor can bring automatic route cases for Foreign Investment Promotion Board approval.
Foreign technology collaborations freely allowed under automatic and government approval routes.
India FDI Outlook
India rated best destination for outsourcing and 6th most attractive destination for FDI, according to AT Kearney.
Global competitive report ranks India at first place in terms of prevalence of foreign technology licensing.
Among top 10 tourist destinations. Major destination for foreign venture capital funds. Pie chart, left bottom, shows country-wise FDI inflows.
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