"The centre has been working relentlessly to invite FDI into the MSME segment under the 'Make in India' regime apart from targeting the larger corporates, said Haribhai Parathibhai Chaudhary, Minister of State for MSME, Government of India while addressing the ASSOCHAM National Summit on e-commerce for MSMEs held in New Delhi.
KARACHI: The inflow of foreign direct investment (FDI) in Pakistan has declined by 48.4 percent to $ 666.7 million in July-April 2012, compared to $ 1.292.8 billion in July-April 2011.
Foreign direct investment (FDI) in the defence sector should not be raised to 100 percent from the present 26 percent, says the Confederation of Indian Industry (CII).
India will take a decision on raising the foreign direct investment (FDI) limit in defence production to 74 percent from the present 26 percent by September, an official said Monday.
The government on Thursday said that it will clamp ban on foreign direct investment (FDI) in cigarette manufacturing, for both domestic consumption and exports.
Commerce and Industry Minister Anand Sharma Monday said that the government will prefer foreign direct investment (FDI) in and subsidies to those sectors which would attract technology and investment.
Indian industry and chambers welcome the release of a consolidated FDI policy document brought out by the Ministry of Commerce and Industry on Wednesday.
Minister of Food Processing, Harsimrat Kaur Badal, held comprehensive meetings on Thursday with several departments and other stakeholders to solve issues that were impacting the smooth flow of Foreign Direct Investment (FDI) in the food processing sector.
Japanese Govt : Japan has sought direct investment from Indian companies as part of its target to attract overseas Foreign Direct Investment (FDI) of 300 billion USD by 2020. "Japanese government targets FDI of nearly USD 300 billion from overseas by 2020. To promote direct investment into Japan, we will provide assistance to interested Indian companies
In what reads more like an indictment of the Indian defence establishment, a government working paper Monday suggested the foreign investment cap in the military manufacturing sector be raised to 74 percent from the present 26 percent to attract established players to the area, save tremendous foreign exchange and revive the country's industry at large.
The government Wednesday cleared 24 foreign investment proposals, including those of media company Asianet and broadcasting firm Tata Sky, worth Rs.1,412 crore.
Ahead of the unveiling of the new foreign direct investment (FDI) policy, industry lobby ASSOCHAM has urged the government to remove excise and local levies on exports and set an achievable shipment target for the next fiscal.