Lifecycle
- Effective
- Last change
Country / jurisdiction: India · Year: 2014 · Status: In force · Level: National · Type: Voluntary
In 2014, the Indian government allowed foreign direct investment (FDI) in rail infrastructure, including inconstruction and maintenance, without priori aproval from the Foreign Investment Promotion Board.
However, FDI over 49% in projects considered "sensitive" from a security point of view have to be considered by the Cabinet Committee on Security.
FDI in railway operation is prohibited.
Official source: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1606977
Source
https://www.iea.org/policies/20294Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.