Facilitating Foreign Direct Investment In India

Law360 (April 5, 2011, 4:40 PM EDT) -- The Indian Department of Industrial Policy and Promotion (DIPP), India's regulator in charge of formulating India's Foreign Direct Investment Policy (FDI), just released India's revised Consolidated FDI Policy, effective as of April 1. Upon taking effect, this new policy amends and replaces in its entirety India's prior Consolidated FDI Policy that was effective as of Oct. 1, 2010, and all related press notes and other circulars issued by the DIPP from time to time on FDI. The full text of the new Consolidated FDI Policy can be found at http://dipp.nic.in/....

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