OBS_VALUE: Proposals for investment by foreign investors under the Government route (i.e., with FDI exceeding 49% foreign equity) are approved by the sector regulator and local governments. However, an entity of a country which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route. Further, a citizen of Pakistan or an entity incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space, atomic energy and sectors/activities prohibited for foreign investment. 