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India announces plans to open up foreign investment

Published Tue, Nov 10, 2015 · 09:50 PM

New Delhi

INDIA'S government on Tuesday announced plans for a sweeping liberalisation of its foreign direct investment (FDI) regime, as Prime Minister Narendra Modi seeks to counter accusations his reform drive is stalling.

The government said it would undertake a raft of reforms to open up 15 areas of the economy, including lift…

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