Indian cos' invest in overseas JVs, arms up 15.4% on month at $6.81 bln Apr
This story was originally published at 11:42 IST on 14 May 2025
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MUMBAI – Investment by Indian companies in their overseas joint ventures and subsidiaries grew 15.4% to $6.81 billion in April from $5.90 billion in March, according to data released by the Reserve Bank of India on Wednesday. Indian companies made overseas investments worth $3.59 billion in April last year.
Of the total overseas investments in April, the companies had invested $2.72 billion in equity, up from $2.54 billion in the previous month. Companies committed $1.16 billion and $2.92 billion through loans and guarantees in April, respectively. The comparable figures for March are $2.13 billion and $1.24 billion, respectively. The data, based on online reporting by authorised dealer banks, is provisional and subject to change, the RBI said. End
US$1 = INR 85.28
Reported by Christina Titus
Edited by Deepshikha Bhardwaj
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