Please let me have details about procedure for FDI in Garment Industry. If a foreign individual wants to invest in Indian Garment Manufacturing company what is the procedure and is there any limit for the same.
Kindly share the details,
1 Replies
CS Mohit Saluja
(6 Points)
Replied 03 March 2018
if the business is manufacturing then 100% FDI allowed under automatic route in garment business.
For making investment the investee company needs to follow the specified procedure under the act through its Authorised Dealer
For making investment the investee company needs to follow the specified procedure under the act through its Authorised Dealer
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