Direct investment overseas via India Inc Up 48% In may At $2.7 Billion

Direct Investment Abroad By India Inc Up 48% In May At $2.7 Billion

Mumbai: Direct investments via Indian firms remote places elevated by 48.2 in keeping with cent yr-on-12 months to $2.sixty nine billion in may additionally, in keeping with the RBI facts.

they’d invested $1.82 billion in their foreign places ventures in equal month of last year.

however, the remote places direct funding in can also changed into a lot lower than $four.11 billion in April this yr.

The investments by the Indian agencies were a mix of issuance of ensures ($1.ninety five billion), loans ($365.ninety three million) and fairness ($383.71 million).

The outstanding traders foreign places during the month consist of Videocon Oil Ventures $204.08 million, Videocon Industries $one hundred forty five million and Larsen & Toubro Ltd $one hundred forty four.forty eight million.

amongst other predominant traders are JSW metallic $81.50 million and Bombay Burma tradingorganization $sixty six.three million.

(This story has no longer been edited by NDTV body of workers and is car-generated from a syndicated feed.)
tale first published on: June 15, 2016 14:51 (IST)

Tags: Direct investment, India Inc, Indian bureaucracy abroad, Direct investment in India, commercial enterprise information

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