Approval of Foreign Companies in India

[richardm1964]

Even a company after it's lawful incorporation can't carry out its normal function without some regulatory approvals. My question is who approves the foreign companies in India?

 

[mneilson]

The foreign companies are established in India under the guide lines as laid down by Registrar Companies, Government of India. But the final node and approval are to be obtained from Reserve Bank India (RBI), the Apex Bank of India.