Want to have clarification regarding press note 1, Secretariat of Industrial Assistance (SIA) , Department of Industrial Policy & Promotion (DIPP):
As per press note (1) 2010 series, what if existing technical agreement elapse after setting up the new unit by Foreign investor? What safer side Indian partner will have? and sir as mentioned with effect from 2005, Is it valid even for renewed agreements?
Another point that I want to clarify What if renewed agreement does not contain Conflict of Interest clause?
Company falls under Automatic route approval being manufacturing concern.
