Indian companies had invested USD 1.38 billion in their overseas ventures in August 2014. In July 2015, Indian companies had invested USD 1.23 billion in overseas markets.
The investments were a mix of issuance of guarantees (USD 1.83 billion), loan (USD 177.19 million) and of equity (USD 184.08 million).
Among major investors, Essar Steel India invested USD 586.35 million in a wholly owned subsidiary in Mauritius engaged in manufacturing.
Shree Renuka Sugars invested USD 70 million in a wholly owned subsidiary in UAE engaged in wholesale, retail trade, restaurants and hotels business.
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