Protection measures against imports and foreign investment in India
The Development Commissioners (DCs) of Export Processing Zones (EPZs) /Free Trade Zones (FTZS))/Special Economic Zones (SEZs) have made some rules and regulations in India to protect the imports and foreign investment in India. The new industry who wishes to invest in India has to follow the rules and regulations by the Indian government and corporate affairs. (Allayannis et al, 2001) In year 2009 GOI revised the foreign company licensing and certification rules based on the customer requirement, industry labelling, company standards etc. Intellectual property rights are important while investing in India. The company A, investing in Banking and Financial Industry in India has to get the certificate of currency exchange, trading license, incorporation certificate etc.
In India the company B need to have all the business rights to fruitful the company motto to reach to the customers and have branding in their mind.India also has the many domestic barriers in financial and banking industry as per the Reserve Bank of India rules. The rules dropped by RBI are narrower than any other developing country. These are an even bigger obstacle to trade and FDI. Indian trade and FDI liberalisation has been overwhelmingly unilateral.
The Company A must follow the all rules and regulations proposed by Indian Government in accordance with Foreign Investment in Banking Industry in India. The interest rates, other fess on the services should be less than others to attract the customers and have competitive environment among the same industry.