Foreign Direct Investment In India Foreign Direct Investment has been an excellent source of funds for a country where capital has never been present in abundance. An individual or an entity invest in an Indian company by means of Foreign Direct Investment (FDI). Now that we have gotten a basic understanding of what FDI is, let us have a look at how to get foreign direct investment in India . Department of Industrial Policy and Promotion (DIPP) has put forth a standard operating plan on the basis of which FDI proposals are processed. The steps in this process include: Proposal is submitted along with the required documents on the portal of Foreign Investment Facilitation . The case is then assigned by the DIPP to the concerned ministry in the next 2 days. Within a TAT of 2 days, the proposal is then circulated online to the Reserve Bank of India for review from FEMA. All the proposals are shared with the Department of Revenue and the Ministry of External Affairs within 2