As demand for goods & services slows in the country, India Inc has turned its attention on growth opportunities in overseas markets. There has been a sharp uptick in outward foreign direct investment (FDI) by Indian companies in the past two years, despite a fall in overall capital expenditure (capex) in the corporate sector.
According to the Reserve Bank of India figures, outward FDI by India Inc was up 38 per cent in 2018-19 (FY19) to $12.6 billion. This was a successive year of strong growth in outward FDI by Indian companies. The figure has nearly doubled in the
According to the Reserve Bank of India figures, outward FDI by India Inc was up 38 per cent in 2018-19 (FY19) to $12.6 billion. This was a successive year of strong growth in outward FDI by Indian companies. The figure has nearly doubled in the

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