Prohibition on investment in India


FDI is prohibited in the following activities/sectors:


(a) Retail Trading (except single brand product retailing)

(b) Lottery Business including Government /private lottery, online lotteries,etc.

(c) Gambling and Betting including casinos etc.

(d) Business of chit fund

(e) Nidhi company

(f) Trading in Transferable Development Rights (TDRs)

(g) Real Estate Business or Construction of Farm Houses

(h) Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes

(i) Activities / sectors not opened to private sector investment including Atomic Energy and Railway Transport (other than Mass Rapid Transport Systems).

Besides foreign investment in any form, foreign technology collaboration in any form including licensing for franchise, trademark, brand name, management contract is also completely prohibited for Lottery Business and Gambling and Betting activities.




















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