Introduction: An Indian Company has been permitted make investment in overseas Joint Ventures (JV)/ Wholly Owned Subsidiaries (WOS) under approval or automatic route as may be applicable. Investment limit under Automatic route: The total financial contribution of an Indian Party shall not exceed 400% of the net worth as per the last audited balance sheet however the total financial contribution in any financial year shall not exceed USD 1 billion. If the total financial contribution exceeds the above threshold limit prior approval of RBI