Government of India has recently allowed Non Resident Indians (NRIs) to invest upto 100% (FDI) in Housing and Real Estate investment in India.NRI Investment in Real Estate,NRI Investment India.
It is no more hidden that more and more foreign investors are planning to set up ventures in India. Italian insurance company Generali has expressed the interest of investing on Indian land.
US based Blackstone Group LP has announced that it was buying a stake in India's Moser Baer Project Pvt. The stake acquisition will cost the US firm $300 million or about Rs 1350 crore.
Reports from the Indian Commerce Ministry revealed a tripled increase in foreign direct investments (FDI) inflows into the country in the last fiscal year ended March.
Surya Pharmaceuticals is planning to expand its operation in Chandigarh with an investment of over Rs 500 crore. Production from the new plant will begin latest by December this year.