Who Can Invest In India?
Foreign direct investment or FDI is when an investor based in one country makes an investment in a business of another country. A main characteristic of this type of investment is the notion of ‘lasting interest’. Lasting interest is ensured with a controlling ownership. Under foreign direct investment, the foreign investor gets a minimum of 10 per cent voting rights in the company. The notion of controlling ownership differentiates foreign direct investment with foreign portfolio investment. India, over the years…