Consolidated FDI Policy Circular of 2020

Paragraph 5.2.1 Agriculture & Animal Husbandry

Chapter: 5 · Sector Specific Conditions on FDI
Text as on: As issued 15 October 2020; Press Notes since are not applied

5.2.1 AGRICULTURE & ANIMAL HUSBANDRY

Sector/Activity % of Equity/ Entry Route FDI Cap Automatic a) Floriculture, Horticulture, and Cultivation of 100% Vegetables & Mushrooms under controlled conditions;

b) Development and Production of seeds and planting material;

c) Animal Husbandry (including breeding of dogs), Pisciculture, Aquaculture, Apiculture; and

d) Services related to agro and allied sectors

Note: Besides the above, FDI is not allowed in any other agricultural sector/activity

5.2.1.1 OTHER CONDITIONS

I. The term “under controlled conditions” covers the following:

(i) ‘Cultivation under controlled conditions’ for the categories of floriculture, horticulture, cultivation of vegetables and mushrooms is the practice of cultivation wherein rainfall, temperature, solar radiation, air humidity and culture medium are controlled

artificially. Control in these parameters may be effected through protected cultivation under green houses, net houses, poly houses or any other improved infrastructure facilities where micro-climatic conditions are regulated anthropogenically.

5.2.1 AGRICULTURE & ANIMAL HUSBANDRY

Sector/Activity              % of Equity/   Entry Route
                                                     FDI Cap     Automatic
a) Floriculture, Horticulture, and Cultivation of       100%
    Vegetables & Mushrooms under controlled
    conditions;

b) Development and Production of seeds and
    planting material;

c) Animal Husbandry (including breeding of
    dogs), Pisciculture, Aquaculture, Apiculture;
    and

d) Services related to agro and allied sectors

Note: Besides the above, FDI is not allowed in
        any other agricultural sector/activity

5.2.1.1 OTHER CONDITIONS

I. The term “under controlled conditions” covers the following:

(i) ‘Cultivation under controlled conditions’ for the categories of floriculture, horticulture,
       cultivation of vegetables and mushrooms is the practice of cultivation wherein rainfall,
       temperature, solar radiation, air humidity and culture medium are controlled

artificially. Control in these parameters may be effected through protected cultivation
       under green houses, net houses, poly houses or any other improved infrastructure
       facilities where micro-climatic conditions are regulated anthropogenically.