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What is direct investment outside India?

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What is direct investment outside India?
posted Jul 26, 2017 by Sagar Sharma

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Direct investment outside India means investments, either under the Automatic Route or the Approval Route, by way of contribution to the capital or subscription to the Memorandum of a foreign entity or by way of purchase of existing shares of a foreign entity either by market purchase or private placement or through stock exchange, signifying a long-term interest in the foreign entity (JV or WOS).

answer Jul 28, 2017 by Reshmi S