53% NRIs believe India has more ROI opportunities than other countries: Report

Nearly 53% of NRI investors surveyed claimed that India provides better returns on investments than other countries in which they have invested, found a study by NRI-focused fintech platform SBNRI. The report also revealed 35% of Singapore-based and UK-based NRIs prefer to exclusively invest in India compared to other countries. However, challenges such as regulatory approvals, restrictive foreign investment regulations, repatriation of funds, and currency risks are prevalent while investing in India. To mitigate these risks, 30% of UK-based NRIs invest in Indian stocks or funds denominated in home currency, while 27% hedge through forward contracts or currency options.