Sunday, December 4, 2011

FDI in India in different sectors

Currently, foreign companies are only allowed to own 10% of a business in the retail sector. Prime Minister Manmohan Singh is trying to convince his coalition partners to open up FDI along the lines of what is allowed in other industries. FDI limits for other sectors are as follows:

Banking - 74%
Non-banking financial companies (stock broking, credit cards, financial consulting, etc.) - 100%
Insurance - 26%
Telecommunications - 74%
Private petrol refining - 100%
Construction development - 100%
Coal & lignite - 74%
Trading - 51%
Electricity - 100%
Pharmaceuticals - 100%
Transportation infrastructure - 100 %
Tourism - 100%
Mining - 74%
Advertising - 100%
Airports - 74%
Films - 100%
Domestic airlines - 49%
Mass transit - 100%
Pollution control - 100%
Print media - 26% for newspapers and current events, 100 % for scientific and technical periodicals

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