FDI in Defence-The New Consolidated Policy Effective 28 August 2017

Department of Industrial Policy and Promotion Ministry of Commerce and Industry Government of India has issued a Consolidated FDI Policy (Effective from August 28, 2017) vide Circular of D/o IPP F. No. 5(1)/2017-FC-1 Dated the August 28, 2017. The present consolidation subsumes and supersedes all Press Notes/Press Releases/Clarifications/Circulars issued by DIPP, which were in force as on August 27, 2017 and reflects the FDI Policy as on August 28, 2017. Details of the FDI policy in defence which is in continuation of the existing norms on the subject with modifications are indicated as per succeeding paragraphs. ..... ..... ..... ..... .....

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