According to an announcement by the Indian External Affairs Minister, the Indian government has postponed the deadline for Person of India Origin (PIO) card holders to covert to Overseas Citizens of India (OCI) status to December 31, 2016. 

Please note the following:
1. All applications must be submitted to the respective local Foreigner Regional Registration Office, the overseas mission or consulate of jurisdiction. 
2. Complete the process as soon as possible – late applications may be considered at the discretion of the authority and subjected to a late penalty.
This summary was prepared using information obtained from the Times of India.