NRI investment in India refers to investments made by Non-Resident Indians (NRIs) in various sectors of the Indian economy, including real estate, stocks, bonds, and mutual funds. NRIs are Indian citizens or individuals of Indian origin who reside outside of India for employment, business, or other purposes.
NRI investments play a significant role in India’s economic growth and development. They provide a source of foreign exchange, contribute to capital formation, and support various sectors of the economy. NRIs are also known to invest in social and infrastructure projects in India, which further contribute to the country’s progress.