The Indian growth story is attracting investments from many NRIs. Even during the pandemic India’s Foreign Direct Investment (FDI) grew by 10% in FY 2020-21 to touch a record $81.72 billion. Predominantly, the ease of doing business is attracting investors to India. This article throws light on the various investment options for NRIs in India. It gives in-depth information on investment tools such as term deposits, mutual funds, equities, National Pension Scheme (NPS) and real estate that can help NRIs create wealth.
India is emerging as a favourite investment destination for foreign investors as industry experts and analysts project a massive growth in the Indian economy in the coming years.
Even during the COVID-19 pandemic, Foreign Direct Investment (FDI) inflows into India was encouraging. According to the Ministry of Commerce and Industry, India’s FDI grew by 10% in FY 2020-21 to touch a record $81.72 billion. FDI inflows in equity touched nearly $60 billion, an impressive 19% growth.
These trends assert the positivity associated with the Indian economy and market. The growth potential is positive news for not just domestic investors but also for Non Resident Indians (NRIs) who may wish to explore investment opportunities here. NRIs have a great opportunity to invest and be a par...