Govt courts global investors, opens doors to more FDI https://ift.tt/2ztdDjt

The government on Wednesday allowed foreign direct investment (FDI) in coal mining, contract manufacturing and digital media, while easing rules for single-brand retail to make it attractive for global brands such as Uniqlo, Apple and IKEA to invest in the country. Separately, the finance ministry has notified rules allowing 100% FDI for insurance intermediaries.
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