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Doing Business in India - RSM Austria

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Sr.<br />

No.<br />

iii.<br />

Sector/Activity<br />

FDI Cap /<br />

Equity<br />

Other services under Civil Aviation Sector<br />

Entry<br />

Route<br />

Remarks<br />

a.<br />

b.<br />

G r o u n d H a n d l i n g<br />

Services<br />

Ma<strong>in</strong>tenance and<br />

Repair organizations;<br />

fly<strong>in</strong>g tra<strong>in</strong><strong>in</strong>g<br />

<strong>in</strong>stitutes; and<br />

technical tra<strong>in</strong><strong>in</strong>g<br />

<strong>in</strong>stitutions<br />

74%-FDI<br />

100% for NRI<br />

Invst.<br />

100%<br />

Automatic<br />

Automatic<br />

S u b j e c t t o S e c t o r a l<br />

regulations and security<br />

clearance.<br />

15. Asset Reconstruction 49% FIPB W h e r e a n y i n d i v i d u a l<br />

Companies<br />

(only FDI)<br />

<strong>in</strong>vestment exceeds 10% of<br />

the equity, provisions of<br />

S e c t i o n 3 ( 3 ) ( f ) o f<br />

S e c u r i t i z a t i o n a n d<br />

Reconstruction of F<strong>in</strong>ancial<br />

Assets and Enforcement of<br />

Security Interest Act, 2002<br />

should be complied with.<br />

(www.f<strong>in</strong>m<strong>in</strong>.nic.<strong>in</strong>)<br />

16.<br />

Bank<strong>in</strong>g -<br />

Private sector<br />

17. Broadcast<strong>in</strong>g<br />

a.<br />

b.<br />

c.<br />

d.<br />

FM Radio<br />

Cable network<br />

Direct-To-Home<br />

Headend-In-the-sky<br />

(HITS) Broadcast<strong>in</strong>g<br />

service<br />

74%<br />

(FDI+FII)<br />

With<strong>in</strong> this<br />

limit, Fll<br />

<strong>in</strong>vestment<br />

not to<br />

exceed 49%<br />

FDI + FII<br />

<strong>in</strong>vestment<br />

up to 20%<br />

49%<br />

(FDI + FII)<br />

49%<br />

(FDI+FII).<br />

With<strong>in</strong> this<br />

limit, FDI<br />

component<br />

not to exceed<br />

20%<br />

49% FDI<br />

up to 74 %<br />

Automatic<br />

FIPB<br />

FIPB<br />

FIPB<br />

Automatic<br />

under<br />

approval<br />

route<br />

Subject to guidel<strong>in</strong>es for<br />

sett<strong>in</strong>g up branches /<br />

subsidiaries of foreign<br />

b a n k s i s s u e d by R B I .<br />

(www.rbi.org.<strong>in</strong>)<br />

S u b j e c t to G u i d e l i n e s<br />

notified by M<strong>in</strong>istry of<br />

Information & Broadcast<strong>in</strong>g.<br />

(www.mib.nic.<strong>in</strong>)<br />

Subject to Cable Television<br />

N e two r k R u l e s ( 1 9 94 )<br />

Notified by M<strong>in</strong>istry of<br />

Information & Broadcast<strong>in</strong>g.<br />

(www.mib.nic.<strong>in</strong>)<br />

Subject to guidel<strong>in</strong>es issued<br />

by M<strong>in</strong>istry of Information &<br />

Broadcast<strong>in</strong>g.<br />

(www.mib.nic.<strong>in</strong>)<br />

DOING BUSINESS IN INDIA 85

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