Department of Economic Affairs : IC Section

Major functions

Formulation of policy for Indian Direct Investment for setting up Joint Ventures (JV) and Wholly 
Owned Subsidiaries (WOS) abroad, promotion of Indian investment abroad and Bilateral 
Investment Promotion and Protection Agreement. Indian investment abroad is governed by the 
Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2000
notified
by RBI from time to time.

Bilateral Investment Promotion and Protection Agreement (BIPA)      

        Background & Salient features of BIPA

List of countries with whom India has Bilateral Investment Promotion and Protection
Agreement in force

List of countries with whom India has signed BIPAs but not yet to be forced

List of countries with whom negotiations on BIPA are underway

Indian Model Text of Bilateral Investment Promotion and Protection Agreement BIPA


Indian direct investment in JV/WOS abroad

Overseas Investment Policy 

Routes for overseas investment

Streamlining of the overseas investment policy

Overseas investment approvals

Actual outflows

Inflows from JV/WOS

Classification of Indian outgoing investments

Annexure -1 – Year-wise approvals and outflows of overseas investments

Annexure-2 - Year-wise outflows of overseas investments

Annexure-3 - Year-wise Inflows from overseas investments

Annexure-4- Sector-wise break-up of overseas investment approvals

Annexure-5- Country-wise classification of approvals of overseas investment

Annesure-6 - Link Officers