Sector FDI Limit Entry Route & Remarks Agriculture & Animal Husbandry Floriculture, Horticulture, Apiculture and Cultivation of Vegetables & Mushrooms under controlled conditions Development and Production of seeds and planting material Animal Husbandry(including breeding of dogs), Pisciculture, Aquaculture Services related to agro and allied sectors 100% Automatic Plantation Sector Tea sector including tea plantations Coffee plantations Rubber plantations Cardamom plantations Palm oil tree plantations Olive oil tree plantations 100% Automatic Mining Mining and Exploration of metal and non-metal ores including diamond, gold, silver and precious ores but excluding titanium bearing minerals and its ores 100% Automatic Mining (Coal & Lignite) 100% Automatic Mining Mining and mineral separation of titanium bearing minerals and ores, its value addition and integrated activities 100% Government Petroleum & Natural Gas Exploration activities of oil and natural gas fields, infrastructure related to marketing of petroleum products and natural gas,marketing of natural gas and petroleum products etc 100% Automatic up to 49% Above 49% under Government routein cases resulting in access to modern technology in the country Broadcasting Teleports(setting up of up-linking HUBs/Teleports) Direct to Home (DTH) Cable Networks (Multi System operators (MSOs) operating at National or State or District level and undertaking upgradation of networks towards digitalization and addressability Mobile TV Head end-in-the Sky Broadcasting Service(HITS) 100% Automatic Broadcasting Cable Networks (Other MSOs not undertaking up gradation of networks towards digitalization and addressability and Local Cable Operators (LCOs)) 100% Automatic Broadcasting Content Services Terrestrial Broadcasting FM(FM Radio) Up-linking of ‘News & Current Affairs’ TV Channels 49% Government Up-linking of Non-‘News & Current Affairs’ TV Channels/ Down-linking of TV Channels 100% Automatic Print Media Publishing of newspaper and periodicals dealing with news and current affairs Publication of Indian editions of foreign magazines dealing with news and current affairs 26% Government Publishing/printing of scientific and technical magazines/specialty journals/ periodicals, subject to compliance with the legal framework as applicable and guidelines issued in this regard from time to time by Ministry of Information and Broadcasting. 100% Government Publication of facsimile edition of foreign newspapers 100% Government Civil Aviation – Airports Green Field Projects & Existing Projects 100% Automatic Civil Aviation – Air Transport Services Scheduled Air Transport Service/ Domestic Scheduled Passenger Airline Regional Air Transport Service (Foreign Airlines are barred from Investing in Air India) 100% Automatic up to 49% Above 49% under Government route 100% Automatic for NRIs Civil Aviation Non-Scheduled Air Transport Service Helicopter services/seaplane services requiring DGCA approval Ground Handling Services subject to sectoral regulations and security clearance Maintenance and Repair organizations; flying training institutes; and technical training institutions 100% Automatic Construction Development: Townships, Housing, Built-up Infrastructure 100% Automatic Industrial Parks (new & existing) 100% Automatic Satellites- establishment and operation, subject to the sectoral guidelines of Department of Space/ISRO 100% Government Private Security Agencies 74% Automatic up to 49% Above 49% & up to 74% under Government route Telecom Services 100% Automatic up to 49% Above 49% under Government route Cash & Carry Wholesale Trading 100% Automatic E-commerce activities (e-commerce entities would engage only in Business to Business (B2B) e-commerce and not in Business to Consumer (B2C) e-commerce.) 100% Automatic Single Brand retail trading Local sourcing norms will be relaxed up to three years and a relaxed sourcing regime for another five years for entities undertaking Single Brand Retail Trading of products having ‘state-of-art’ and ‘cutting edge’ technology. 100% Automatic up to 49% Above 49% under Government route Multi Brand Retail Trading 51% Government Duty Free Shops 100% Automatic Railway Infrastructure Construction, operation and maintenance of the following Suburban corridor projects through PPP High speed train projects Dedicated freight lines Rolling stock including train sets, and locomotives/coaches manufacturing and maintenance facilities Railway Electrification Signaling systems Freight terminals Passenger terminals Infrastructure in industrial park pertaining to railway line/sidings including electrified railway lines and connectivities to main railway line Mass Rapid Transport Systems. 100% Automatic Asset Reconstruction Companies 74% Automatic up to 49% Above 49% & up to 74% under Government route Banking- Private Sector 74% Automatic up to 49% Above 49% & up to 74% under Government route Banking- Public Sector 20% Government Credit Information Companies (CIC) 100% Automatic Infrastructure Company in the Securities Market 49% Automatic Insurance Insurance Company Insurance Brokers Third Party Administrators Surveyors and Loss Assessors Other Insurance Intermediaries 49% Automatic Pension Sector 49% Automatic Power Exchanges 49% Automatic White Label ATM Operations 100% Automatic Financial services activities regulated by RBI, SEBI, IRDA or any other regulator 100% Automatic Pharmaceuticals(Green Field) 100% Automatic Pharmaceuticals(Brown Field) 100% Automatic up to 74% Above 74% under Government route Food products manufactured or produced in India Trading, including through e-commerce, in respect of food products manufactured or produced in India. 100% Government

Prohibited Sectors FDI is prohibited in the following sectors Lottery Business like online lottery also private or the Government lottery or any other that is recognized as lottery Gambling and Betting including casinos etc. Chit funds Nidhi company Trading in Transferable Development Rights (TDRs) Real Estate Business or Construction of Farm Houses (Real estate business does not include development of townships, construction of residential /commercial premises, roads or bridges ) Manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes Sectors which are not open to private sector investment like Atomic Energy & Railway operations (except for permitted activities)