Foreign Direct Investment in India

With the release of the streamlined compilation on foreign direct investment in India (FDI), numerous procedures on FDI and related routes of investment too are being sanctioned with a view to accelerate the procedure of inflows into India. The overseas Indian investors also would find it easy to access nodal bodies and invest in India. Also, more reforms to make capitalizing in India a simpler procedure such as FDI in multi-brand retail, defense manufacturing, agriculture, etc. are in the discussion phase and the government aims to show up concrete policies in this direction.

India is fast gaining significance universally as the nation has become an investment center over the past decade. Global investors have reserved their faith in the investment prospects in India even during the hardest of the times of the Indian economy. Non-resident Indians (NRIs) keep eyeing for the investment prospects in India. Consequently, India relished high foreign inflows and investments when the remaining world was struggling to even live on. India is anticipated to witness higher growth in the imminent years.

The Indian government is unremittingly working towards increasing investment prospects for NRIs and foreign direct investment in India flows into the nation. Investors see India as a striking investment terminus. India stands as the fourth most eye-catching destination for FDI in the survey's worldwide ranking. India has already materialized as one of the most favored destinations for foreign investment and this renowned position will have to be persistent. The Indian government is consequently doing every bit to guarantee this.

The Government of India has brought into being a policy agenda on FDI, which is translucent, foreseeable and easily coherent. This framework is personified in the Circular on Consolidated FDI Policy, which might be modernized each year to size and be at level with the regulatory vicissitudes effected in the interregnum. NRIs are permitted to invest in the following activities:

• The development of serviced plots and production of built-up residential sites.
• The investment in real estate covers building of residential and commercial properties including business hubs and workplaces.
• Both roads and bridges incorporated with the development of townships, city and provincial level urban infrastructure amenities.
• FDI is also open to investment in manufacturing of building materials accompanied by investment in participatory undertakings.
• Housing finance associations and linked investment is also open to Foreign Direct Investment in India.