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¤ Industrial Policy » Fiscal & Incentives » Foreign Investment

Foreign Investment

Section 20.0 :: FOREIGN INVESTMENT

20.1

Foreign investment and technological collaboration by Overseas Corporate Bodies (OCBs) and NRIs would be encouraged in selected sectors, such as infrastructure, power, mineral development, telecommunication, frontier technologies and in the field of non-conventional energy sources, environmental protection, food processing, bio-technologies, tissue culture, pharmaceuticals (life saving drugs) and value added industries on mutually advantageous basis. Over riding priority shall be given to such proposals.