The residency status is available to all foreign investors except those from Pakistan

The Union Cabinet approved a scheme to grant permanent residency status (PRS) to all foreign investors, except those from Pakistan, subject to the relevant conditions.
“The scheme is expected to encourage foreign investment in India and facilitate the Make in India programme,” the government said in a statement. “Under the scheme, suitable provisions will be incorporated in the visa manual to provide for the grant of PRS to foreign investors.”
The PRS will be granted for a period of 10 years with multiple entry, the Centre added.
“In order to avail this scheme, the foreign investor will have to invest a minimum of Rs.10 crore to be brought within 18 months or Rs.25 crore to be brought within 36 months,” the government said. “Further, the foreign investment should result in generating employment to at least 20 resident Indians every financial year.”
The Cabinet also gave its ex-post facto approval for the foreign direct investment (FDI) policy amendments announced by the Centre on June 20, 2016, which opened up FDI norms for almost all sectors including food manufacturing, defence, broadcasting, pharmaceuticals, civil aviation, animal husbandry and single-brand retailing.
Development Fund
The Cabinet also gave its approval to create a Project Development Fund (PDF) with a corpus of Rs.500 Crore “for catalysing Indian economic presence in Cambodia, Laos, Myanmar and Vietnam”.
The PDF is to be housed in the Department of Commerce and operated through the EXIM Bank.
The PDF will be governed by an inter-ministerial committee under the chairpersonship of the Commerce Secretary.