Business Daily from THE HINDU group of publications Sunday, Mar 25, 2007 ePaper |
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Industry & Economy
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Foreign Direct Investment Government - Policy `Liberalisation of FDI policy soon' Our Bureau
This was indicated by the Secretary in the Department of Industrial Policy and Promotion, Dr Ajay Dua, here today. Speaking at the Indo-German SMEs Congress, Mr Dua said that the mode of entry and the foreign equity was reviewed periodically and that in the next four to six weeks "further liberalisation can be expected can be expected with respect to physical infrastructure and the services sectors." He also pointed out that FDI has yielded rich dividends for the manufacturing sector.
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