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India Inc's foreign investment jumps 40% to USD 2.10 bn in January

India Inc's foreign investment jumps 40% to USD 2.10 bn in January

Tuesday, February 11, 2020, 8:58 PM

Investments by Indian firms in foreign countries in January 2020 rose by nearly 40% to USD 2.10-billion on a yearly basis, according to data by the Reserve Bank. Indian companies had invested USD 1.47-billion in their overseas ventures in the same month a year ago. Compared monthly, January investments were higher than USD 1.99 billion in December 2019, showed the RBI data on 'OFDI'.
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