Home » Policies » Foreign Investment & One Window Policy 1992 Industries Prohibited for Grant of Approval Under Foreign Investment Defence related industries which produce items like military armaments, ammunition and explosives Cigarettes and Bidi. Alcohol (excluding 100% export oriented). Annex * (Relating to Sub-section (4) of Section 3) Industries not to be granted permission for Foreign Investment Part (A) Cottage Industries Personal Services Business (Business such as hair cutting, beauty parlor, tailoring, driving training, etc.) Arms and Ammunition Industries Gunpowder and Explosives Industries related to Radio-Active Materials Real Estate Business (excluding construction industries) Film Industries (National Languages and other recognised National languages) Security Printing Bank notes and Coins Part (B) Retail Business Travel Agency Trekking Agency Water Rafting Pony Trekking Horse Riding Cigarette, Bidi, Alcohol (excluding more than 90% exportable) Internal Courier Service Atomic Energy Tourist Lodging Poultry Fisheries Bee Keeping Consultancy Services such as Management Accounting, Engineering and Legal Services. * Provision made by First Amendment of 2052