Can PIO & OCI invest in the Indian Equity Market?

PIO and OCI can also invest in Indian Equity market with equal parity to NRI in respect of all the facilities available to them. That means that PIOs and OCIs have similar rights to investing in the Indian Equity Market as the NRIs. Therefore, they have similar facilities available to them in terms of economic, financial and educational fields. The only exception is acquisition of agricultural properties. When it comes to agricultural properties the rules and regulations differ for the NRIs vs. PIOs and OCIs.