IT ITES sector is totally deregulated and 100% FDI is permitted under the automatic route.
China 39:
REPORT BY THE SECRETARIAT:SECTION IV: TRADE POLICIES BY SELECTED SECTORS: OTHER SECTORS
Question 39: It is reported that the Indian Government recently launched the Jawaharlal Nehru National Solar Mission which plans to ban the import of solar energy equipment. Is there a clear timetable for the entry into force of this mission? How does this policy comply with WTO rules and India's WTO commitments? Does India have any special requirements for foreign companies to invest in the solar energy industry?
Reply: India's Jawaharlal Nehru National Solar Mission (JNNSM) does not ban the import of solar energy equipment. Rather this ambitious project throws open immense investment opportunities both foreign and domestic. The details of this programme can be found at website www.mnre.gov.in. This programme is compliant with India's obligations under WTO. As regards policy for foreign investments more details can be found at the website of Department of Industrial Policy and Promotion: www.dipp.nic.in.
China 40:
REPORT BY THE SECRETARIAT:SECTION IV: TRADE POLICIES BY SELECTED SECTORS: OTHER SECTORS
