Non-Resident Indians (NRIs) can invest in shares, statutorily and completely convertible debentures, or compulsorily and entirely convertible preference shares of an Indian firm through two methods under the FDI Scheme. As per the Automatic Route, a foreign investor or an Indian firm does not need the Reserve Bank or the Government of India’s permission to invest. The Government Route need prior consent from the Indian government. The Foreign Investment Promotion Board considers proposals for foreign investment through the government channel.