When was fdi allowed in india

Step 1 : Filing of Application Proposal for foreign investment, along with supporting documents to be filed online, on the Foreign Investment Facilitation Portal, at the following URL: www. Step 3 : Final Approval Once the proposal is complete in all respects, the same gets approved within weeks. Read More. Have a Query? Connect to us. Foreign Direct Investment Expand All.

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United States. Series Archived Series. Balance of Payments Statistics. Direction of Trade Statistics. Economic Issues. Government Finance Statistics. IMF Special Issues. IMF Staff Papers. IMF Survey. International Financial Statistics. In December , the government of Uttar Pradesh agreed to provide Samsung Display Noida Private Limited with special incentives to set up a mobile and IT display product manufacturing unit.

Under the Central Government's scheme for promotion of manufacturing electronic components and semiconductors SPECS , Samsung will also receive a financial incentive of Rs. This project will develop a global export hub in Uttar Pradesh and will help the state attract more foreign direct investments FDI. Over the past 10 years, the country witnessed a 6. Further, as per a Deloitte report published in September , India remains an attractive market for international investors both in terms of short-term and long-term prospects.