President: NRI Connect Vertical
Overseas Indians, officially known as Non- Resident Indians (NRI’s) or persons of Indian Origin (PIO’s) are people of Indian birth or ancestry who live outside the Republic of India. According to a Ministry of External Affairs report, there are 32 million NRIs and PIO’s residing outside India and overseas Indians comprise the world’s largest overseas Diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world NRI’s Non-Resident Indians contribute to the Indian economy significantly by strengthening National savings, Capital accumulation, Investment, and so on. They enjoy respect in the countries of their domicile on account of their hard work, talent, managerial skills, and business acumen.
The huge Indian Diaspora is responsible for a significant amount of money inflows to the country, which is one of the major sources of inflow of foreign currency. These also form significant contributors to the foreign exchange reserve and makeup nearly 25 percent of total foreign exchange reserves in the country. Remittance plays an important part in developing countries in terms of their economic systems, individual households, and businesses. As per the World Bank, remittance inflows are a measure of the creditworthiness of a nation which implies it can borrow more money. Since 1991, India has been steadily experiencing great remittance growth and continues to be on that track. There has been a significant surge in remittances from 2016 ($62.75 billion) to 2017 ($68.97). In 2018, the World Bank estimated the remittance of India to be the highest in the world at $79 billion, followed by China and Mexico at $67 billion and $36 billion respectively. These remittances constituted 2.9 % of India’s GDP and remittances formed the country’s foreign exchange money of roughly around 22% to 23%. NRI involvement can be in many businesses in India. Some sectors they can invest in even with small budgets are retail, food and beverage, tourism, e-commerce, technology, mobile applications, gems, jewelry, and garments.
BRICS CCI established this vertical to help members/nonmembers within the NRI community to participate, evaluate and take part in various business opportunities, especially in the field of Healthcare, Education, Environment & IT in India. This vertical would serve as a connection between Indian business houses, Government initiatives, and the NRI community.
BRICS CCI established NRI CONNECT VERTICAL to help Members and Non-Members within the NRI community to participate, evaluate and take part in various business opportunities, especially in the field of Healthcare, Education, Environment & IT in India. This vertical would serve as a connection between Indian business houses, Government initiatives, and the NRI community.
We are a Non Governmental organization trying to help Indian Diaspora in the following areas to connect to India in a dignified manner.
The following services would be available to the NRI Community.
Overseas Indians, officially known as Non- Resident Indians (NRI’s) or persons of Indian Origin (PIO’s) are people of Indian birth or ancestry who live outside the Republic of India. According to a Ministry of External Affairs report, there are 32 million NRIs and PIO’s residing outside India and overseas Indians comprise the world’s largest overseas Diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world NRI’s Non-Resident Indians contribute to the Indian economy significantly by strengthening National savings, Capital accumulation, Investment, and so on. They enjoy respect in the countries of their domicile on account of their hard work, talent, managerial skills, and business acumen.
President: NRI Connect Vertical
The huge Indian Diaspora is responsible for a significant amount of money inflows to the country, which is one of the major sources of inflow of foreign currency. These also form significant contributors to the foreign exchange reserve and makeup nearly 25 percent of total foreign exchange reserves in the country. Remittance plays an important part in developing countries in terms of their economic systems, individual households, and businesses. As per the World Bank, remittance inflows are a measure of the creditworthiness of a nation which implies it can borrow more money. Since 1991, India has been steadily experiencing great remittance growth and continues to be on that track. There has been a significant surge in remittances from 2016 ($62.75 billion) to 2017 ($68.97). In 2018, the World Bank estimated the remittance of India to be the highest in the world at $79 billion, followed by China and Mexico at $67 billion and $36 billion respectively. These remittances constituted 2.9 % of India’s GDP and remittances formed the country’s foreign exchange money of roughly around 22% to 23%. NRI involvement can be in many businesses in India. Some sectors they can invest in even with small budgets are retail, food and beverage, tourism, e-commerce, technology, mobile applications, gems, jewelry, and garments.
BRICS CCI established this vertical to help members/nonmembers within the NRI community to participate, evaluate and take part in various business opportunities, especially in the field of Healthcare, Education, Environment & IT in India. This vertical would serve as a connection between Indian business houses, Government initiatives, and the NRI community.
BRICS CCI established NRI CONNECT VERTICAL to help Members and Non-Members within the NRI community to participate, evaluate and take part in various business opportunities, especially in the field of Healthcare, Education, Environment & IT in India. This vertical would serve as a connection between Indian business houses, Government initiatives, and the NRI community.
We are a Non Governmental organization trying to help Indian Diaspora in the following areas to connect to India in a dignified manner.
The following services would be available to the NRI Community.
