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Can NRIs invest in companies in India?

April 26, 2017companies India invest NRIs

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Can NRIs invest in companies in India?

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Ans: NRIs are permitted to make direct investments in proprietary/partnership concerns in India as also in shares/debentures of Indian companies. They are also permitted to make portfolio investments i.e. purchase of shares/debentures of Indian companies through stock exchanges in India. These facilities are granted both on repatriation and non repatriation basis.