To what extent such investments are repatriable?
A. These are broadly classified as under: 1. Foreign Direct Investment [FDI] NRIs can invest in India through the Automatic Route. This Route allows Indian Companies to issue shares to foreign investors up to 100% of their paid up capital engaged in many industries except for certain select industries/sectors, e.g. civil aviation, Defence and strategic industries, items reserved for public sector etc. All foreign investments can be made on repatriation basis except in cases, where NRIs/OCBs choose to invest specifically under non-repatriable schemes. 2. Investment in Companies Firms or Proprietary Concerns in India. NRIs can invest in Shares or convertible debentures of a company by way of contribution to the capital of a firm or a proprietary concern in India, provided that the Indian entities are not engaged in any agricultural/plantation activity or real estate business. Investment in Nidhi Companies and Chit Funds is not permitted. These investments are generally without repatriati
