Contract Manufacturing News
The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday notified the recent decisions to relax foreign direct investment (FDI) norms in sectors such as coal mining, contract manufacturing, and single-brand retail trading
FDI up 28% to $16.33 bn in April-June 2019 quarter; Singapore emerges largest source of foreign investment
Foreign direct investment into India grew by 28 percent to $16.33 billion during the first quarter of the current fiscal, according to government data
Govt relaxes FDI rules in four sectors; move brings goodies for global firms holding on decisions to invest
On permitting FDI in contract manufacturing, Commerce and Industry Minister Piyush Goyal said the move would help in getting into the global value chains.
Cabinet eases FDI rules for single brand retail; gives nod to 100% foreign investment in contract manufacturing, coal mining
Briefing reporters on the decisions taken by the Union Cabinet headed by Prime Minister Narendra Modi, Commerce and Industry Minister Piyush Goyal said 100 percent foreign direct investment (FDI) under automatic route in coal mining and associated infrastructure has been approved
FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.
Govt to soon consider relaxing FDI norms in single brand, digital media; move aims at attracting foreign players
The government may allow 100% FDI in contract manufacturing, according to the proposal.