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sunil singh
Online: 2132 days ago   Updated: 2132 days ago   Joined: 2132 days ago
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  Age: 24   Gender: Male   Race: Other   Location: sms Maharashtra India
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You will need to fill this in beforAbout foreign direct investment In India.
Is the process whereby residents of one country (the source country) acquire ownership of assets for the purpose of controlling the production, distribution, and other activities of a firm in another country (the host country). The international monetary fund’s balance of payment manual defines FDI as an investment that is made to acquire a lasting interest in an enterprise operating in an economy other than that of the investor. The investors’purpose being to have an effective voice in the management of the enterprise’The united nations 1999 world investment report defines FDI as ‘an investment involving a long term relationship and reflecting a lasting interest and control of a resident entity in one economy (foreign direct investor or parent enterprise) in an enterprise resident in an economy other than that of the foreign direct investor ( FDI enterprise, affiliate enterprise or foreign affiliate).

I.Foreign direct investment: Indian scenario
FDI is permitted as under the following forms of investments-
• Through financial collaborations.
• Through joint ventures and technical collaborations.
• Through capital markets via Euro issues.
• Through private placements or preferential allotments.
Sector Specific Foreign Direct Investment in India
Hotel and Tourism: FDI in Hotel and Tourism sector in India

What I'm Looking For

You will need to fill 100% FDI is permissible in the sector on the automatic route,
The term hotels include restaurants, beach resorts, and other tourist complexes providing accommodationand/or catering and food facilities to tourists. Tourism related industry include travel agencies, touroperating agencies and tourist transport operating agencies, units providing facilities for cultural adventure and wild life experience to tourists, surface, air and water transport facilities to tourists, leisure, entertainment, amusement, sports, and health units for tourists and Convention/Seminar units and organizations.
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