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I-witness on changes to the FDI policy

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The Department of Industrial Policy and Promotion (“DIPP“) has issued circular 1 of 2011 (“Circular“) on 31 March 2011, consolidating the foreign direct investment policy (“FDI Policy“) and incorporating all instructions and clarifications relating to the subject as on 31 March 2011. The Circular has replaced Circular 2 of 2010, which was the previous consolidation of FDI Policy. The principal changes introduced pursuant to the Circular are summarised in the latest issue of I-witness, which can be accessed from the I-witness Section of our Website.

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