TelecomGlobal Ltd., a UK-based company, intends to set up a Project Office in the Andaman and Nicobar Islands, India, as part of its expansion into the telecommunications sector. The CEO of TelecomGlobal Ltd., James Ande

As per the provisions of the Reserve Bank of India (RBI), RBI approval is required for setting up a Branch Office, Project Office or Liaison Office in India in the following cases: The applicant is a citizen of or is registered/incorporated in Pakistan; The applicant is a citizen of or is registered/incorporated in Bangladesh, Sri Lanka, Afghanistan, Iran, China, Hong Kong or Macau and the application is for opening a BO/LO/PO in Jammu and Kashmir, North East region and Andaman and Nicobar Islands; The principal business of the applicant falls in the four sectors namely Defense, Telecom, Private Security and Information and Broadcasting; The applicant is a Non-Government Organization (NGO), Non-Profit Organization, Body/ Agency/Department of a foreign government. Based on the above, TelecomGlobal Ltd., a UK-based company planning to establish a Project Office (PO) in the Andaman and Nicobar Islands for its telecom business, falls under the category where RBI approval is mandatory.