Government of India facilitates Foreign Direct investment (FDI) and investment from Non-Resident Indians (NRIs) including Overseas Corporate Bodies (OCBs), predominantly owned by them, to complement and supplement domestic investment. Foreign technology induction is encouraged both through FDI and through foreign technology collaboration agreements. Foreign Direct Investment and Foreign technology collaboration agreements can be approved either through the automatic route under powers delegated to the Reserve Bank of India (RBI) or otherwise by the Government.
JSBA ROLES & RESPONSIBILITY
Company is to be incorporated as stated in INCORPORATION section above.