This discussion provides guidance for an FDI-based subsidiary company looking to establish a manufacturing facility in India. Key initial steps include obtaining a PAN, registering under GST, and complying with the Factories Act and local authorities. Further considerations involve FEMA and RBI regulations, with foreign investment often permitted through the automatic route without prior government or RBI approval.
07 November 2020
The routes under which foreign investment can be made is as under: Automatic Route: Foreign Investment is allowed under the automatic route without prior approval of the Government or the Reserve Bank of India, in all activities/ sectors as specified in the Regulation 16 of FEMA 20 (R).