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DGFT NOTIFICATION NO. 27/2005 dated 12.9.2005
Amendments in 6.6(d) - Letter of Permission/ Letter of Intent and Legal
Undertaking - Investment Criteria
S.O. (E) In exercise of powers conferred by
Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with
paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended from time to
time, the Central Government hereby makes the following amendments in the
Foreign Trade Policy, 2004-2009:-
Sub-paragraph 6.6(d) shall be amended as under:-
“Only projects having a minimum investment of Rs. 1 Crore in Plant & Machinery
shall be considered for establishment as EOUs under the scheme. This shall,
however, not apply to existing units and units in EHTP/STP/BTP, Handicrafts/
Agriculture/ Floriculture/ Aquaculture/ Animal Husbandry /Information
Technology, Services, Brass Hardware and Handmade jewellery sectors The Board of
Approval (BOA) may also allow establishment of EOUs with a lower investment
criteria.
This issues in Public interest.
Sd/-
( K.T. CHACKO)
DIRECTOR GENERAL OF FOREIGN TRADE and
Ex Officio Additional Secretary to the Government of India
( Issued from F.No. 01/92/180/207/AM05/PC-II)