Arete Consultants

Prohibited Sectors

Investment by foreign entities is completely prohibited in the following sectors:

Lottery Business including Government/private lottery, online lotteries etc.

Gambling and Betting including casinos etc.

Chit funds

Nidhi company

Trading in Transferable Development Rights (TDRs)

Real Estate Business or Construction of Farm Houses

Manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes

Activities/sectors not open to private sector investment are Atomic Energy and Railway Operations