India’s economic growth has driven businesses to expand globally, guided by the Foreign Exchange Management Act (FEMA). Under FEMA, Overseas Direct Investment (ODI) rules allow Indian individuals and entities to invest in foreign companies, either as Joint Ventures (JV) or Wholly Owned Subsidiaries (WOS). Such investments must be reported to the Reserve Bank of India (RBI) through an Authorized Dealer (AD) Bank to ensure compliance with regulatory requirements.
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