Why should I Invest in India?
India is one of the fastest growing economies across the globe. In India, more than 200 companies have the capitalization of $1 billion that shall grow in the near future. In coming 10-15 years, the percentage of working population will emerge from India and enhance savings, which will ultimately fund the investments of higher levels.
DIP (Direct Investment Prospectus)
NRIs have been permitted to invest in Indian shares and convertible debentures of Indian companies without attaining the RBI/Government permission. In few exceptions, where SIA/FIPB consent is required, in such cases investments can be made to pay a specific percentage of the capital.
Government Approved Investments
Investments, which are included under the Automatic Route are especially covered by the FIPB (Foreign Investment Promotion Board), an inter-ministerial high powered body under the chairmanship of Secretary, SIA and the Department of Industrial Policy and Promotion, which are subjected to sectoral limits. These investments also provide great return benefits.
Other Repatriation Investments and Benefits
- Investing in Domestic Mutual Funds
- Investing in bonds issued by Public Sector Undertakings
- Deposits with Companies (Minimum for 3 Years)
- Investing in Shares of Public Sector Enterprise (NRIs/OCBs/PIOs)
Investing in Government Shares
All the new shares and debentures issues of Indian companies NRIs/OCBs has been permitted to subscribe to the convertible debentures/shares of the Indian companies on a non-repatriation basis as well as to an Indian company to convertibles or shares.
Investments Made by NRIs/OCBs with No Repatriation Benefits
- Money Market Mutual Funds
- Deposits with Indian Companies
- Non-Convertible Debentures