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Back to Top of Index Question-74: Can NRIs invest in 100% Export Oriented Units on repatriation basis ?

April 26, 2017basis export index invest NRIs Oriented Repatriation units

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Back to Top of Index Question-74: Can NRIs invest in 100% Export Oriented Units on repatriation basis ?

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Yes. NRIs are permitted to invest upto 100% in Indian companies primarily engaged in export trading activities or in 100% Export Oriented Units or units located in Export processing Zones. Applcations for the purpose are required to be made in the prescribed form to the concerned regional office of Reserve Bank along with copy of Government approval.