FOREIGN DIRECT INVESTMENT IN INDIA

Foreign Direct Investment (FDI) is a key driver of economic growth and globalization, involving direct ownership or control in Indian entities by non-resident individuals or entities. Since 2014, India has attracted USD 667.4 billion in FDI across 31 states and 57 sectors, fostering development in diverse industries. Most sectors are open to 100% FDI under the automatic route, except for a few strategically significant ones. This article delves into FDI's legal, regulatory, and tax implications to provide a comprehensive understanding of its framework and impact. Authored by INDUSLAW’s Lokesh Shah and Ruhi Jain.