India is on the road towards becoming the fastest growing world economy. According to statistics, the Rate of Indian Investors soared to 10.4 million in 2020. India is one of the most preferred spots for Foreign Investors because of its flexible foreign direct investment policies and Reliable workforce. In this article, You will discover Why NRIs should invest in India.
Why should NRI invest in India?
1)Currency Value
Although the Indian economy has been flourishing for decades, the value of currencies such as the US dollar, the British pound, and the Euro has constantly soared when compared to the rupee.
The value of your USD, Pound sterling, or Euro investments appears to rise regardless of interest rates.
It's worth noting, though, that the US dollar remains the invincible currency. Its value is solid, and INR is one of the few currencies that has kept a constant exchange rate with the US dollar.
2) Reliable -Workforce
India is a rapidly developing mega-economy with highly skilled human resources and abundant natural resources. Despite rising salaries, India continues to be one of the cheapest labor markets in the world. When compared to other Asian countries, the cost arbitrage still gives the country a significant edge. The cost of labour is, in fact, a primary driver of FDI into the country.
3) Extensiveness
Many sectors in India have seen a 100 percent increase in foreign direct investment, indicating that the government is willing to welcome international investors into the different sectors. You may diversify your portfolio through investments such as equities funds, debt funds, liquid funds, stocks, and more across sectors and industries, in addition to geographical diversification.
4) High-Interest Rates
Indian banks provide lower interest rates than banks in the United States, Australia, Japan, China, Saudi Arabia, and other nations! Isn't that surprising? However, most NRIs are unaware of this and leave their money in the US or Europe to stagnate.NRI Property management services Can help you choose the funding schemes that are suitable for you
5) Flexible Investment policy
Unlike many other emerging economies, India enjoys a stable macroeconomic environment, with low inflation, record-high foreign exchange reserves, and a manageable current account deficit, decreasing vulnerability to global economic shocks. Furthermore, FDI proposals will no longer require Department of Revenue clearances, simplifying the FDI process.
If you are wondering about the Investment options in India, check our article on how NRI can invest in India.