
Zerodha founder and CEO Nithin Kamath said that a large population of non-resident Indians, or NRIs, are emotionally and financially interested in investing in India but face various obstacles that make the process "far more painful" than it needs to be.
“One thing that feels under-discussed in all the conversations about attracting foreign capital into India is the Indian diaspora,” Kamath wrote in a post on X late on Thursday. He highlighted that many of these NRIs face difficulties in opening accounts, completing documentation, and actually investing in Indian markets.