Review of the FDI Policy on downstream investments made by Non-Resident Indians (NRIs)

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..... y on downstream investments made by Non-Resident Indians (NRIs). The Government of India has reviewed the extant FDI policy in relation to investments made by an Indian company owned and controlled by Non-Resident Indians (NRIs) on a non-repatriation basis and in order to provide clarity on downstream investments made following addition in the consolidated FDI Policy Circular of 2020 (FDI P .....

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