Guidelines for Indian Direct Investment in Joint Ventures and Wholly Owned Subsidiaries Abroad

v INTRODUCTION

v APPLICABILITY

v DEFINITIONS

v CATEGORIES OF APPLICATIONS PROCESSED BY RBI

v CATEGORY “A” AUTOMATIC ROUTE

v CATEGORY ‘B’ NORMAL ROUTE

v CRITERIA

v POST APPROVAL CHANGES

v FOREIGN EXCHANGE

v REPORTING

v DISINVESTMENT

v EXPORT OF INDIGENOUS MACHINERY TOWARDS EQUITY

v AGENCY COMMISSION

v CLEARANCES UNDER OTHER LAWS

v IN PRINCIPLE APPROVALS FOR ACQUISITIONS

v GENERAL