The general policy and facilities for foreign direct investment as available to foreign companies are fully applicable to NRIs as well. In addition, Government has extended some concessions specially for NRIs and OCBs, which include investment in the real estate sector up to 100 per cent. NRI inflows have been of the order of Rs.80036 million, including NRI schemes approved by RBI, which gives a fairly high success rate and shows the confidence of NRIs in our strong economic fundamentals. State-wise FDI approvals Maharashtra, Tamil Nadu, Karnataka, Delhi, Andhra Pradesh, Gujarat, Haryana, Uttar Pradesh and West Bengal account for major portion of FDI investments approved so far. Though, there has been a perceptible increase in FDI inflows in Thailand in 1997, it is probably on account of the steep currency leading to lower acquisition costs.
China is the only country, apart from India, where the FDI inflows have grown continuously.