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Continue to ChatIndirect Foreign Investment would not constitute investments made by NRI owned Indian Entity vide Foreign Exchange Management (Non debt Instruments) (Amendment) Rules, 2021 https://www.scconline.com/blog/post/2021/08/11/indirect-foreign-investment-would-not-constitute-investments-made-by-nri-owned-indian-entity-vide-foreign-exchange-management-non-debt-instruments-amendment-rules-2021/