Over the years, foreign direct investment (FDI) in India has become an inseparable and imperative aspect of the non-resident Indians NRI. NRI investment or FDI in India has registered an outpouring with the initiation of globalization and liberalization. As per a survey World Investment Prospects Survey 2010-2012 steered by United Nations Conference on Trade and Development (UNCTAD), India is the second most imperative FDI destination for transnational corporations during 2010-2012. India is graded as the 4th most eye-catching FDI destination in 2010, as per Ernst and Young's 2010 European Attractiveness Survey.
NRI investment or FDI in India has been increasing by leaps and bounds with NRI volunteering into diverse proposals of business in India. There is a necessity for strategic investment guidance so as to guarantee smooth flow of NRI investment in India. The business in India gets push with better investment assistance, one such site is that of OIFC, wherein one can ask the professional. While the official website of the government give particulars of the quantity of FDI in India about the specific subdivision or business in India. The government has also sanctioned 12 proposals for FDI in India worth over US$ 496.84 million. Furthermore, the Consumer Affairs Ministry has permitted to allow 49 per cent FDI in India in multi-brand retail section.
Meaningfully, the NRI investment in India is concentrating on the real estate, infrastructure and education business in India, besides other sections. The business in India getting the maximum FDI equity inflow into India is the services segment encompassing financial and non-financial amenities while construction activities and housing and real estate as the second and third highest sector enticing FDI India. The business in India perceives new heights particularly on the back of the vigorous growth in the manufacturing segment and good monsoon. The FDI investment in India is also countersigning a roar in the automobile industry, with India being stated as the seventh biggest automobile producing country. Moreover, the requirement to concentrate on the sustainable development and the notion of green power is another imperative business in India getting FDI. There has been a noteworthy upsurge in the interest shown and joint ventures (JV) being formed by foreign firms to harness the non-conventional resources of India, thus enticing FDI India. Investment supervision for doing business in India can also be subject to trend examination of the NRI investments. The FDI investment is considered as one of the pointers to track which business is displaying a healthy growth.