FDI Stands for Foreign Direct Investment. Reserve bank of india and department of industrial policy and promotion (DIPP) has allowed FDI Investment in india.
Reserve bank of india has allowed various sectors to accept FDI in the Automatic route. But for certain sectors, RBI has prescribed that the FDI needs to be brought into india only after Government Approval.
The Government approval for FDI will be provided by the department of industrial policy and promotion (DIPP) after consultation with various departments and ministries.
The following are the documents that are required for filing application for proposal of FDI:
The procedure for Government Approval for FDI is as follows :
The following is the time limit chart for the time taken by the DIPP for approval or rejection of Proposal:
| S No. | Event | Time period | Cumulative time period |
| 1 | Investment Proposal Dissemination by DIPP to Competent Authority | 2 days | 1 week |
| 2 | Submission of signed physical copy of the proposal to the Competent Authority by applicant, if needed | 5 Days | |
| 3 | Initial scrutiny of the proposal and documents attached therewith, and seeking relevant additional information/documents from the applicant | 1 Week | 2 Weeks |
| 4 | Clarification submission by DIPP on specific issues of FDI policy | 2 Weeks | 4 Weeks |
| 5 | Time limit for Submission of Comments by Consulted Ministry/ Department/ RBI/ Any Other Stakeholder | 4 weeks | 6 weeks |
| 6 | Submission of Comments by Ministry of Home Affairs (MHA) on proposals requiring security clearance | 6 weeks | 8 weeks |
| 7 | Approval on proposals of FDI by Competent Authority for grant of approval | 2 weeks | |
| 8 | Proposals not requiring security clearance | 8 weeks | |
| 9 | Proposal Requiring security clearance | 10 weeks |
The time limits for disposal of applications shall be counted from the date of filing of online application. However, if the signed physical copy is not filed with the Competent Authority within 7 days of the communication from DIPP, then the date of filing of the physical application would be treated as date of filing application
Department of Industrial Policy and Promotion (DIPP) after receiving the application for the proposal of FDI shall also forward the application to the concerned ministries for their comments and observations.
After receiving their comments and observations, DIPP will take decision on whether to approve or reject the Proposal for FDI.
The following is the list of Departments or ministries to which the proposal for FDI may be sent by DIPP:
We offer all kinds of Consultancy and Compliances Services in relation to Foreign Direct Investment (FDI). We have empanelled various experts to provide the expert advisory and Compliances services for to Foreign Direct Investment (FDI).
We also have a vast experience in applying and obtaining various government approvals for the FDI from the DIPP.
The services that we offer in regard to FDI under government approval route includes the following:
200+
550+
2009
700+
What are the routes available for FDI?
FDI is permitted under the following routes :
How much time it takes to get the government approval for FDI?
It takes around 90 days to get the approval or rejection on proposal for government approval for FDI.
Within how many days do the applicant requires to submit the physical copy of application along with documents ?
The physical copy of application along with documents needs to be submitted to the competent authority within 5 days of email communication
What if the DIPP finds any discrepancy in the information or documents provided for proposal of FDI Approval?
DIPP will call for further information and documents which must be provided by the applicant within the prescribed time limit.
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