|
Foreign Investment Policy
-
Foreign Investors can enter into a joint venture
with an Indian partner for financial and/or technical
collaboration and also for setting up of renewable energy
based Power Generation Projects.
-
Liberalized foreign investment approval regime to
facilitate foreign investment and transfer of technology
through joint ventures.
-
The proposals for up to 74% foreign equity participation
in a joint venture qualifies for automatic approval.
-
100% foreign investment as equity is permissible with
the approval of Foreign Investment Promotion Board (FIPB).
-
Various Chambers of Commerce and Industry Associations
in India can be approached for providing guidance to the
Investors in finding appropriate partners.
-
Foreign Investors can also set up a liaison office
in India.
-
Government of India is also encouraging foreign Investors
to set up renewable energy based power generation projects
on Built- Own and Operate basis.
|