| | February 20199stable economy. The Indian equity market capitalisation is likely to rise to $6.1 trillion by 2027. Hence, India is expected to grow at 10.1 percent CAGR for next 10 years. India is still behind most developed and emerging nations in some of the key industries and offers a huge potential runway for foreign investors.Under liberalized FDI regime, most of the sectors are under auto-matic approval route and sectoral caps across major sectors, including defense and aviation, which have been increased to 100 percent. Under infrastructure push, a five-year plan has been rolled-out to build 83,677 km of roads under Bharatmala Proj-ect and housing for all by 2022. New Insolvency Code is also building con-fidence among investors and lenders. Steps taken by current government has resulted in India's ranks in ease of doing business to current 77th posi-tion from 142nd position in year 2014, resulting in investors' confidence in establishing or investing in various business opportunities in India.Considering the resilient economy with growth opportunities and strong regulatory structure, Indian markets are well placed to attract incremental investment through various avenues under Foreign Direct Investments, Foreign Institutional Investors in var-ious assets classes of Equity, Debt, Alternate Investment Funds, and Real Estate and Real Estate funds.India also being the largest foreign inward remittance receiving country during last five years to the $65-70 billion year-on-year through its vast affluent Indian Diaspora across vari-ous geographies has become a lucra-tive destination for expats to invest in various investment opportunities. Current trend of depreciation of rupee against dollar makes investment op-portunities in India more viable and gives considerable arbitrage opportu-nity across asset classes.India offers various avenues of in-vestment for Ultra HNIs NRIs, NRI Entrepreneurs and Affluent retail NRI investors in extensive investment product suit offered by various finan-cial institutions in India. NRIs and Overseas Citizen of India (OCI) on repatriation basis without limit invest in instruments like Government-dated securities, treasury bills of domestic mutual funds, bonds issued by PSU in India, bonds issued by infrastructure debt funds; listed non-convertible/redeemable preference shares & de-bentures, national pension schemes governed by pension fund regulatory authority. Additionally they can also invest in units of money market mutu-al funds on non-repatriation basis.Affluent NRIs and NRI Business owners can also invest in direct eq-uities through Portfolio investment scheme route in secondary markets in India within the prescribed limit of five percent paid value of shares is-sued by the companies through their designated repatriable and non-repa-triable bank accounts held with Indian banks. Non-Resident Indians can also invest in exchange traded derivative contracts approved by SEBI from time-to-time out of INR funds held in India on non-repatriable basis subject to the limits prescribed by SEBI.Under guidelines of Foreign in-vestments in India for Foreign In-stitutional Investors (FPI) provides platform for NRI Entrepreneurs and Ultra High networth NRI individuals to participate in Direct & Private equi-ty, Listed & Unlisted non-convertible debentures & bonds, listed redeem-able preferences shares, Securities receipts of ARC companies, Govern-ment securities and units of domestic mutual fund within permissible regu-latory guidelines issued by RBI from time-to-time. Individual NRIs can also invest in Real Estate and Real Estate funds from their repatriable and non-repatriable banks accounts.Besides equities, bonds and mu-tual funds, alternate investment funds which are a privately pooled invest-ment vehicle can collect funds from sophisticated investors like NRI En-trepreneurs & Ultra HNI NRIs for investing in accordance with defined investment policy or purpose for benefit of investors. NRIs can invest across various categories of AIFs reg-istered under respective categories for the specified purpose as per guidelines issued by SEBI.Most of banks and financial in-stitution like IIFL provide complete Financial and Investment advisory product suite to address various fi-nancial needs of Ultra HNIs, Affluent NRIs & NRI Entrepreneurs looking to establish presence in India either through investment or business route. Considering dominance in financial space and opportunity in hand to tar-get affluent NRIs and NRI Entrepre-neurs across geographies IIFL had introduced dedicated NRI business channel catering to investment needs of NRIs & OCIs.
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