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Learn MoreThe DIPP has released the Consolidated FDI Policy on May 12, 2015. This circular subsumes and supersedes all Press Notes / Press Releases / Clarifications / Circulars issued by DIPP, which were in force as on May 11, 2015 and reflects the FDI Policy as on May 12, 2015. However, Press Note 4 of 2015, dated April 24, 2015, regarding policy on foreign investment in pension sector, will remain effective. This Circular will take effect from May 12, 2015 and will remain in force until superseded in totality or in part thereof.