Unlocking Cross-Border Success: ODI Opportunities and Considerations for Indian Enterprises

In recent years, India's consistent economic growth and business-friendly policies have not only made it a prime destination for inbound investments but have also positioned Indian corporations as significant global investors. Indian enterprises are increasingly seeking opportunities beyond domestic markets to access new regions, acquire advanced technologies, and diversify their investment portfolios. Reserve Bank of India (RBI), states that India's outward foreign investment amounted to $USD 22.88 billion in 2022-23. Noteworthy, ODI activities are evident in sectors such as pharmaceuticals, IT and software services, energy, etc.

Despite recent amendments to the ODI (Overseas Direct Investment) policy under the Foreign Exchange Management Act (FEMA), navigating the ODI landscape remains complex. Overseas investments by Indian multinational corporations require strategic planning and a deep understanding of the regulatory and tax landscapes of target countries. Awareness of local business customs, trade policies, legal frameworks, and labor laws is essential to fully anticipate the costs and implications of expanding overseas.

On August 28, Neeraj Khatri, Manager - Business Advisory Services at Dezan Shira and Associates decoded the ODI landscape in India. During this session, Neeraj was also joined by our guest speaker Ashok Sarda, AVP of Intermediaries Strategy – North, DBS Bank. Together, they highlighted key FEMA compliances and provided valuable insights to help investors in India effectively leverage international opportunities.

Key topics discussed:

• Overview of the Overseas Direct Investment Landscape
• Benefits of Overseas Direct Investment
• Recent Policy Changes: Amendments to ODI Policy 2022
• Key Considerations for Investing Overseas: Risks and Challenges
• Recent Trends and Case Studies
• Spotlight on FEMA and the Necessary Compliances
• Q&A Session

If you would like to get in touch with the speakers, or have any questions regarding this event, please contact Ashna Kohli, International Business Advisor, India at Ashna.kohli@dezshira.com

This Event occurred on Wednesday, August 28, 2024. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more: