EXIM policies concerning Direct Investment Schemes for Non resident Indians (NRIs) and Overseas Corporate Bodies (OCBs) are cited below:

• Investment under Automatic Route with repatriation benefits- NRIs can invest in shares and debentures of Indian companies under Automatic Route without obtaining RBI’s or Government’s approval.
  
  
• Investment with Government approval- There are certain sectors that require the permission of Foreign Investment Promotion Board (FIPB) for investments by NRIs and OCBs. These investments also enjoy full repatriation benefits.
  
  
• Other investments with repatriation benefits- These include investment in domestic mutual funds, bonds and shares issued by public sector undertakings and enterprises, government securities and shares.
  
  
• Investments up to 100% equity without repatriation benefits- NRIs can invest by way of capital contribution in any proprietary or partnership concern in India provided the firm or the proprietary concern is not engaged in any agricultural/plantation activity or real estate business or Print Media on non-repatriation basis subject to certain conditions.
  
  
• Other investments by NRIs/OCBs without repatriation benefits-
  
  
• Investment in Non Convertible Debentures
• Money Market Mutual Funds
• Deposits with Companies
• Commercial Papers (OCBs are presently not permitted)

For more details on business intricacies and investment opportunities in India, visit our 'Business' section.