Traditionally Non Resident Indians (NRIs), have been investing in India
in bank deposits and real estate. They have invested in the equity
market mainly in fresh offerings (IPOs) from listed companies. They have
also invested, to a much lower degree, in the secondary equity and debt
markets.
With India opening its windows to the outside world and RBI considerably
relaxing Exchange Control Regulations, NRIs have a wide menu of options
when it comes to investing in India. Developments like the advent of the
Internet, screen based trading, setting up of depositories and better
corporate governance have made India an ideal investment destination for
NRIs.
Walletwatch, through a series of articles and contributions from
experts, provides insights on various aspects of investment in India
such as regulatory rules, taxation, investment opportunities, choice of
investments, effect of currency movements etc.