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Nov 25, 2015
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DIPP notifies easing of FDI policy in several sectors
The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalization of foreign direct investment (FDI) policy in several sectors including defence, retail and construction development sector. The DIPP has also defined the term “manufacturing” for attracting FDI. In a recent decision, the government has permitted a manufacturer to sell products made in India through wholesale, retail including through e-commerce platforms without government approval.
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http://www.livemint.com
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