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FDI , Dealership Business in gear,Pressings and springs

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(Querist)
13 February 2008 I want to know that whether FDI is allowed if foreign company wants to incorporate a 100% subsidiary in India for dealership in gear boxes, gears and press matchins to be used in manufacturing machinaries.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
29 February 2008 You mean the automatic route? No.
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