RBI Announces New Overseas Investment (ODI) Liberalisation Measures

The RBI has announced significant liberalisation measures for Overseas Direct Investment (ODI) by Indian entities.

Key measures include:

• Increase in automatic route limit for ODI from 400% to 600% of net worth
• Simplified reporting requirements through single master form
• Relaxation in the definition of 'strategic sector' for ODI
• Permitted use of Special Purpose Vehicles (SPVs) without prior RBI approval