enquiry

Project Office

Estaiblishment of Project office in India

 

The Reserve Bank of India has granted general permission to foreign companies to establish Project Offices in India, Provided they have secured a contract from an Indian company to execute a project in India and
(i) The project is funded directly by inward remittance from abroad or
(ii) The project is funded by a bilateral or multilateral International Financing Agency or
(iii) The project has been cleared by an appropriate authority or
(iv) A company or entity in India awarding the contract has been granted Term Loan by a Public Financial Institution or a bank in India for the project.

 

However, If the above criteria are not met or if the parent entity is established in Pakistan, Bangladesh, Sri Lanka, Afghanistan, Iran , China, Hong Kong or Macau, Such applications have to be forwarded to the Foreign Exchange Department, Reserve Bank of India, Central Office, Mumbai for approval.

 

 

 


 

Contact PKP

 

Contact Person : Mr. Prakash Gupta

 

Email -  info@pkpconsult.com, pkpconsult1977@gmail.com

 

Telephone Numbers : +91-11-23382207/ 23388753

 

Mobile Number : +91-9811031841

 


 

 

 

 

Prakash K Prakash PKP Consult +91-9811031841 pkpconsult1977@gmail.com