More FDI reforms to be rolled out over next year: DIPP secretary

Government is working on a set of reforms across sectors, says DIPP Secretary Ramesh Abhishek

Department of Industrial Policy and Promotion Secretary Ramesh Abhishek on Saturday said the government was set to bring in a new set of FDI (foreign direct investment) policy reforms across sectors over the next one year.
 
Speaking at the annual general meeting of the Confederation of Indian Industry, Abhishek, however, did not disclose the sectors that might see changes in investment rules, saying more than 90 per cent of all sectors are open.
 
In June last year, the government had relaxed FDI norms in single-brand retail, civil aviation, airports, pharmaceuticals, animal husbandry and food products.
 
The Centre