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Dec 03, 2014

India eased FDI rules for construction sector

India eased foreign direct investment rules for the construction sector. Under the new rules, foreign investment is now allowed in projects with a minimum built area of 20,000 square metres, down from a previous 50,000 sqm threshold. The minimum capital investment by foreign companies has also been halved to $5 million,

Type: Entry and establishment (Ownership and control)

Industry: Services (Construction)