Foreign Investment in India is governed by the FDI policy announced by the Government of India and the provisions of the Foreign Exchange Management Act (FEMA) 1999.
source https://www.caclubindia.com/articles/brief-about-foreign-direct-investment-in-india-48608.asp
source https://www.caclubindia.com/articles/brief-about-foreign-direct-investment-in-india-48608.asp
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