Sectors Prohibited For FDI Schedule 3
S . No .
Sectors
1 Retail Trading ( except single brand product retailing ) 2 Atomic Energy 3 Railway Transport ( other than Mass Rapid Transport Systems ) 4 Lottery Business 5 Gambling and Betting 6 Business of chit fund 7 Nidhi Company 8 Trading in Transferable Development Rights ( TDRs ) 9 Activity / sector not opened to private sector investment
10 Agriculture ( excluding Floriculture , Horticulture , Development of seeds , Animal Husbandry , Pisciculture and cultivation of vegetables , mushrooms etc . under controlled conditions and services related to agro and allied sectors ) and Plantations ( Other than Tea Plantations )
11 Real estate business , or construction of farm houses 12 Manufacturing of Cigars , cheroots , cigarillos and Cigarettes , of tobacco or of tobacco substitutes
Sectors Restricted for FDI ( Approval route only )
S . No . Sectors 1 Petroleum Refining ( except for private sector oil refining ), natural gas / LNG pipelines 2 Investing companies in Infrastructure & Services Sector 3 Defence and Strategic Industries 4 Atomic Minerals 5 Print Media 6 Broadcasting 7 Commodity Exchanges 8 Courier Services 9 Establishment and Operation of satellite 10 Tea Sector 11 Asset Reconstruction Companies 12 Civil Aviation Sector 13 Banking Sector 14 Telecommunication 15 Single Brand Product retailing 16 Trading of items sourced from small scale sector 17 Test marketing of such items for which a company has approval for manufacturing 18 Insurance companies 19 Credit information companies 20 Infrastructure companies in securities markets 21 Security Agencies in Private Sector
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