India has revised foreign investment rules, enabling all overseas individuals, beyond NRIs and OCIs, to invest in listed Indian companies via the Portfolio Investment Scheme (PIS).
India expanded the Portfolio Investment Scheme to all overseas investors, doubling individual limits to 10% of equity and raising caps from 10% to 24%. This opens the startup ecosystem to global capital, intensifying regional tech competition.
The changes were notified by the Department of Economic Affairs
Jun 15, 2026
01:09 pm
What's the storyThe Indian government has amended its foreign investment rules, allowing all individual Persons Resident Outside India (PROIs) to invest in shares of listed Indian companies through the Portfolio Investment Scheme (PIS).
This move was previously limited to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs).
Portfolio investment scheme now open to PROIs
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