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Liberalised FDI makes India hot biz spot for NRI investors

India’s liberalised foreign direct investment policy, especially regarding the participation of Non-Resident Indians in its economy as domestic investors, has made the country a hot destination among NRIs, according to a leading Indian businessman in the UAE.

“The liberalised FDI has opened many sectors in the country and given a boost to the inflow of investments,” Yusuff Ali MA, the chairman and managing director of the Abu Dhabi-based LuLu Group International, said here yesterday.

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