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The Times of India
The Times of India
Business
PTI

India Inc's overseas direct investment rises 8.5% to $3.34 billion in March

India Inc RBI Reserve Bank of India Mumbai

MUMBAI: India Inc's direct overseas investment increased 8.5 per cent year-on-year to $3.34 billion in March 2022, data from the Reserve Bank of India (RBI) showed on Monday.

The Indian companies had invested $3.1 billion in their overseas fully-owned subsidiaries (WOSs) and joint-ventures (JVs) in the same month a year ago.

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