PIB Corner

Changes in FDI Policy

  • The Union Cabinet has introduced changes in foreign direct investment (FDI) regulations, including easing rules for overseas single-brand stores and permitting FDI through the automatic route in contract manufacturing and all areas of coal mining.

Contract Manufacturing

  • 100% FDI under automatic route. Earlier only 100% in manufacturing; no specific provision for contract manufacturing
  • What it means: Provides clarity; 100% FDI for third-party manufacturers

Coal

  • 100% FDI in commercial mining & related investments. Earlier 100% FDI in coal mining for captive consumption only
  • What it means: Boost for private miners; competition for Coal India

Single-Brand Retail

  • Relaxation in 30% local souring condition
  • What ....


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PIB Corner