Over the years, foreign direct investment (FDI) in India has become an inseparable and important aspect of the non-resident Indians (NRI). NRI investment in India has registered a surge with the initiation of globalisation and liberalisation. According to a survey World Investment Prospects Survey 2010-2012 conducted by United Nations Conference on Trade and Development (UNCTAD), India is the second most important FDI destination for transnational corporations during 2010-2012.
India is ranked as the 4th most attractive FDI destination in 2010, according to Ernst and Young’s 2010 European Attractiveness Survey.
NRI investment in India has been increasing by leaps and bounds with NRI venturing into different proposals of business in India. There is a requirement for strategic investment guidance in order to ensure smooth flow of NRI investment in India. The business in India gets impetus with better investment guidance, one such site is that of OIFC, wherein one can ask the expert. While the official website of the government give details of the amount of FDI in India about the particular sector or business in India. The government has also cleared 12 proposals for FDI in India worth over US$ 496.84 million. The major inflows are expected to be accounted for by KKR Mauritius Cement Investments and Shriram City Union Finance.