FDI Circular 2011

Page 60

Sl.No.

Sector/Activity

% of FDI Entry Route Cap/Equity (ii) the minimum percentage of the area to be allocated for industrial activity shall not be less than 66% of the total allocable area.

6.2.13 6.2.13.1

Satellites – Establishment and operation Satellites – Establishment and 74% operation, subject to the sectoral guidelines of Department of Space/ISRO

6.2.14

Private Security Agencies

6.2.15

Telecom Services Investment caps and other conditions for specified services are given below.

49 %

Government

Government

However, licensing and security requirements notified by the Department of Telecommunications will need to be complied with for all services. 6.2.15.1

(i) Telecom services

74%

Automatic up to 49% Government route beyond 49% and up to 74%

6.2.15.1.1

Other conditions: (1) General Conditions: (i) This is applicable in case of Basic, Cellular, Unified Access Services, National/ International Long Distance, V-Sat, Public Mobile Radio Trunked Services (PMRTS), Global Mobile Personal Communications Services (GMPCS) and other value added Services. (ii) Both direct and indirect foreign investment in the licensee company shall be counted for the purpose of FDI ceiling. Foreign Investment shall include investment by Foreign Institutional Investors (FIIs), Nonresident Indians (NRIs), Foreign Currency Convertible Bonds (FCCBs), American Depository Receipts (ADRs), Global Depository Receipts (GDRs) and convertible preference shares held by foreign

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