10/05/2025
Did you know that no sectoral caps AKA FDI investment caps under FEMA apply on investments made by NRIs on a Non-Repatriable basis.
Apart from this, many other onerous compliances are let go in cases of non-repatriable foreign investments received from NRIs, namely further downstream investments from such NRI investments are not treated as FDI since such investments are quoted as deemed domestic downstream investments. More on this topic in our upcoming content under this series.