Liaison office, Branch office (BO) or Project Office (PO).RBI decides the application in consultation with Government of India. Allowed under the Government route in sectors which has 100% FDI allowed under the automatic route and without any conditions.

Private limited company requires minimum of 2 shareholders. It can be a private or public limited company.Д«oth wholly owned & joint ventures are allowed.

The details can be seen from Q.6 of Section I of the following link.

The Indian company receiving FDI either under the automatic route or the government route is required to comply with provisions of the FDI policy including reporting the FDI and issue of shares to the Reserve Bank of India.

The proposals involving investments of more than USD 769.23 million are considered by Cabinet committee on economic affairs. Approval from Cabinet Committee on Security is required for more than 49% FDI in defence.

Under this route applications are considered by the Foreign Investment Promotion Board (FIPB).

Under this route no Central Government permission is required.

Foreign investment up to 49% in defence sector permitted under automatic route.

49% FDI under automatic route permitted in Insurance and Pension sectors.

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