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India Inc s outward FDI halves to $1.93 billion in March
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Last Updated: Apr 15, 2021, 04:48 PM IST
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Of the total investment committed by the Indian investors in their foreign joint ventures/wholly owned subsidiaries in March this year, USD 1.15 billion was in the form of issuance of guarantees.
Domestic firms had invested USD 3.86 billion as outward foreign direct investment (OFDI) in the year-ago month of March 2020.
India Inc s outward foreign direct investment in March 2021 nearly halved to USD 1.93 billion (around Rs 14,495 crore), according to the RBI data.
Domestic firms had invested USD 3.86 billion as outward foreign direct investment (OFDI) in the year-ago month of March 2020.
India Inc s overseas direct investment declines 31% to $1.85 bn in Feb
RBI said the data is provisional and is subject to change based on online reporting by the banks.Premium
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. Updated: 07 Mar 2021, 03:22 PM IST PTI
Of the total investment made by Indian firms in foreign markets, $1.36 billion was in the form of loan, $297.37 million comprised as equity investment and the rest of $183.82 million was by way of issuance of guarantee, according to the RBI data
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MUMBAI :
India Inc s overseas direct investment fell by 31% to $1.85 billion in February this year, the RBI data showed.
Domestic companies made investments of $2.66 billion in their overseas subsidiaries and joint-ventures in the year-ago month, February 2020.