Foreign companies & individual can start a business in India; however, there are certain rules that needs to be followed in case a foreign company wants to start operations in the country.
"The foreign direct investment which ranges up to 100% in a private limited company or a limited company happen under the automatic route and in such case no special permission is required from the Central Government in India."
There are no such rule of minimum shareholding of the Indian Director. So, the foreign nationals or entities can hold 100% of the shares.
K. Sunil (Business Setup Expert)
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