The Telecom Commission has approved the enhancement of the Foreign Direct Investment, FDI limit in the telecom sector from 74 per cent to 100 per cent to re-energize the telecom industry.

At present, FDI limit in Telecom sector is at 74 per cent where 49 per cent is through automatic route and the rest with the approval of the Foreign Investment Promotion Board.

The Department of Telecom will now send a detailed note to the Department of Industrial Policy and Promotion which will take it forward for inter-ministerial consultations before moving it to the Cabinet.