“Multiple entry business visas of up to three years can be issued to Pakistani nationals of assured financial standing and credentials with visits restricted to maximum 15 places in India (excluding restricted/prohibited/protected areas),” India’s Minister of State for Home Affairs, Kiren Rijiju informed the Parliament on Wednesday.
India issues the special “India Business Card” to businessmen of SAARC countries who are eligible for multiple-entry business visa for a period of three years or more. “There is no objection to the criteria/guidelines for issuing the business visa and India Business Card to businessmen from Pakistan,” the Minister further stated.
India Business Card has a special logo and is only given to businessmen of high repute.
According to India’s existing foreign direct investment policy, a Pakistani citizen or an entity incorporated in Pakistan can invest only under the government route, in sectors/activities other than defense, space and atomic energy and those prohibited for foreign investment.