Maintenance and repair operations, flying training institutes as well as helicopter and sea plane services may get FDI inflows up to 100%, if the proposal is approved by the senior ministers in the Cabinet.
More over, it has also been proposed to increase the equity component of foreign investment in public sector refineries to 49% from the current limit of 26%.
Also on the cards are allowing foreign investment in commodity exchanges, with a composite limit of 49% for FDI and Foreign Institutional Investment (FII) inflows in to the sector. The FII component is proposed to be capped at 24%.
The DIPP has also proposed FDI of up to 49% in credit information companies. More over, it has also been proposed to permit 100% FDI in mining of titanium.
