Government announces changes in FDI caps: Highlights
FDI cap in telecom raised to 100% from
74%; up to 49% through automatic route and beyond via FIPB
No change in 49% FDI limit in civil
aviation
FDI cap in defence production to stay at
26%, higher investment may be considered in state-of-the-art technology
production by CCS
100% FDI allowed in single brand retail;
49% through automatic, 49-100% through FIPB
FDI limit...
