India now most open economy for FDI
20-Jun-2016 :
Now most sectors in Automatic approval route, except a small negative list.
Government has now allowed 100% inflows in civil aviation. Norms for overseas investment in brownfield investment has also been relaxed.
FDI norms in e-commerce in food products, broadcasting carriage services, animal husbandary and private security agencies have also been relaxed.
In defense sector, the policy has been amended to allow 100% FDI & the condition changed to allow investment in modern or for other reasons which will widen the cope of investment.