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India-Singapore Comprehensive Economic Cooperation Agreement |
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Annex 6 A
INDIA'S SCHEDULE OF SPECIFIC COMMITMENTS
Horizontal Limitation
In all Groups / Classes / Sub-classes, the commitment is for full National Treatment except for :
(1) Sub-sectors at 5-digit level which cover items requiring Industrial Licensing under the Industries (Development & Regulation) Act, 1951, or
(2) Where a joint-venture or technology transfer/trademark agreement existed on
12.1.2005 in the ‘same’ filed; or
(3) For transfer of equity in an existing company to the investor of the other party where Security & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 as amended, is attracted, or
(4) For investments by registered Foreign Institutional Investors, including Portfolio investments.
Group Class Sub-
class
Description FDI
Cap in
%
Division 15: Manufacture of food products and beverages
is classified in class 0121]
100
100
100
100
Division 17: Manufacture of textiles
171
172
Spinning, weaving and finishing of textiles 100
Manufacture of other
textiles 100
173 1730 Manufacture of knitted and crocheted fabrics and articles
100
Division 18: Manufacture of wearing apparel; dressing and dyeing of fur
181 1810 Manufacture of wearing apparel, except fur apparel
[this class includes manufacture of wearing apparel made of material not made in the same unit. Both regular and contract activities are included]
182 1820 Dressing and dyeing of fur; manufacture of articles of fur
100
100
383
Division 19: Tanning and dressing of leather; Manufacture of luggage, handbags
saddlery, harness and footwear
luggage handbags, saddlery and harness
100
192 1920 Manufacture of footwear 100
Division 20: Manufacture of wood and of products of wood and cork, except
furniture; Manufacture of articles of straw and plaiting materials
201 2010 Saw milling and planing of wood 100
plaiting materials
Division 21: Manufacture of paper and paper products
100
Division 22: Publishing, printing and reproduction of recorded media
223 2230 22300 Reproduction of recorded media [This class includes reproduction of records, audio, video and computer tapes from master copies, reproduction of floppy, hard or compact disks, reproduction of non-customised software and film duplicating]
100
Division 23: Manufacture of coke, refined petroleum products and nuclear fuel
231 2310 Manufacture of coke oven products [This class
includes the operation of coke ovens chiefly for the production of coke or semi-coke from hard coal and lignite, retort carbon and residual products such as coal tar or pitch. Agglomeration of coke.
232 2320 Manufacture of refined petroleum products
(I) Private sector companies
Division 24: Manufacture of chemicals and chemical products
100
100
243 2430 Manufacture of man-made fibers [This class includes
manufacture of artificial or synthetic filament and non-filament fibers]
Division 25: Manufacture of rubber and plastic products
100
251
|
Manufacture of rubber products
|
100
|
252 2520
|
Manufacture of plastic products
|
100
|
Division 26: Manufacture of other non-metallic mineral products
261 2610
|
Manufacture of glass and glass products
|
100
|
269
|
Manufacture of non-metallic mineral products n.e.c.
|
100
|
Division 27: Manufacture of basic metals
271 2710 Manufacture of Basic Iron and Steel 100
272 2720 Manufacture of basic precious and non-ferrous metals 100
100
384
of goods, all characteristic of other activity classes]
Division 28: Manufacture of fabricated metal products, except machinery and
equipments
reservoirs and steam generators except 28132 relating to manufacture of nuclear reactors for all purposes.
Division 29: Manufacture of machinery and equipment N.E.C.
100
100
29270 relating to manufacture of weapons and ammunitions
100
293 2930 Manufacture of domestic appliances n.e.c. 100
Division 30: Manufacture of office, accounting and computing machinery
300 3000 Manufacture of office, accounting and computing
machinery
Division 31: Manufacture of Electrical Machinery and apparatus n.e.c.
311 3110 Manufacture of electric motors, generators and transformers
312 3120 31200 Manufacture of electricity distribution and control apparatus: [electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts
313 3130 31300 Manufacture of insulated wire and cable: [insulated
(including enameled or anodised) wire, cable
(including coaxial cable) and other insulated conductors; insulated strip as is used in large capacity machines or control equipment; and optical fibre cable
314 3140 Manufacture of accumulators, primary cells and primary batteries
100
100
100
100
100
315 3150 Manufacture of electric lamps and lighting equipment 100
319 3190 Manufacture of other electrical equipment n.e.c. 100
Division 32: Manufacture of Radio, Television and Communication equipment and
apparatus
321 3210 Manufacture of electronic valves and tubes and other electronic components
322 3220 Manufacture of television and radio transmitters and apparatus for line telephony and line telegraphy
323 3230 Manufacture of television and radio receivers, sound or video recording or reproducing apparatus and associated goods
100
100
100
385
Division 33: Manufacture of Medical, Precision and Optical Instruments, Watches
and Clocks
332 3320 Manufacture of optical instruments and photographic equipment
100
100
333 3330 Manufacture of watches and clocks 100
Division 34: Manufacture of Motor Vehicles, Trailers and Semi-Trailers
341 3410 Manufacture of motor vehicles 100
342 3420 Manufacture of bodies (coach work) for motor vehicles; Manufacture of trailers and semi-trailers
343 3430 34300 Manufacture of parts and accessories for motor vehicles and their engines [brakes, gear boxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, clutches, steering wheels, steering columns and steering boxes and other pa
100
100
Division 35: Manufacture of other Transport Equipment
351
|
Building and repair of ships and boats
|
100
|
359
|
Manufacture of transport equipment n.e.c.
|
100
|
Division 36: Manufacture of Furniture, Manufacturing n.e.c.
361 3610
|
Manufacture of furniture
|
100
|
369
|
Manufacture n.e.c.
|
100
|
Other Activities: Development of township, housing, built-up infrastructure and
construction development projects
Investment in the development of townships, housing,
built-up infrastructure and construction-development projects (which would include, but not restricted to, housing, commercial premises, hotels, resorts, hospital, educational institutions, recreational facilities, city and regional-level infrastructure) subject to the following conditions:
100
a. In case of development of serviced housing plots, a minimum land area of 10 hectares under each project.
b. In case of construction-development projects, a minimum of 50,000 sq. mts. under each project.
386
c. In case of a combination project, any one
of the above two conditions would suffice. ii. Minimum capitalization of US$10 million for wholly owned subsidiaries and US$5 million
for joint ventures with Indian partners. The funds would have to be brought in within six months of commencement of business of the Company.
“Undeveloped plots” will mean where roads, water supply, street lighting, drainage, sewerage, public works and other conveniences have not been made available. It will be necessary that the investor provides this infrastructure and obtains ‘completion certificate’ from the concerned local body/ service agency before he would be allowed to dispose of serviced housing plots.
(a) Note 1: n.e.c. means not elsewhere classified
Notes:
i.
|
Group
|
3-digit level
|
ii.
|
Class
|
4-digit level
|
iii.
|
Sub-class
|
5-digit level
|
Schedule covers only the lowest level mentioned in that category.
387