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FOREIGN DIRECT INVESTMENT IN INDIA

The Indian government has set up various schemes for investments in core and infrastructure sectors and also some industries. The schemes are :

• Growth centre schemes

• Electronic hardware technology park

• The Transport Subsidy Schemes

• The New Industrial Policy for the North Eastern States

• Software Technology Park

• Export Promotion Zones

• Special Economic Zones

THE FOREIGN DIRECT INVESTMENT IN INDIA IS PERMITTED IN MOST SECTORS EXCEPT AS UNDER :

• Gambling and betting

• Arms and ammunition

• Lottery business

• Retail trading

• Railway Transport

• Coal & Lignite

• Some specific agricultural activities

UPTO 100% EQUITY IS PERMITTED IN THE FOLLOWING SECTORS

• 34 High Priority Industry

• Export Trading Companies

• Hotels and Tourism

• Hospitals

• Shipping

• Deep sea fishing

• Oil Exploration

• Power

• Housing and Real Estate Development

• Sick Industrial units

• Some small industries

• Industries requiring compulsory licencing

EXPORT PROCESSING ZONES

The Export Processing Zones (EPZ) are aimed at establishing a globally viable duty free environment for export production at a minimum cost. The Export Processing Zones in India are :

• Kandla (Gujarat)

• Mumbai (Maharashtra)

• Noida(UP)

• Madras (Tamil Nadu)

• Cochin (Kerala)

• Falta (West Bengal)

• Visakhapatnam (Andra Pradesh)

SPECIAL ECONOMIC ZONES

Specifically delineated duty-free enclave, as if it were a foreign territory for the purposes of trade operations, duties and tariffs, having been declared and notified in the Official Gazette as a Special Economic .Zone by the Central Government.