Indian cos invest $5.64 bln in overseas JVs, arms in April, down 11% on year
This story was originally published at 16:20 IST on 21 May 2026
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NEW DELHI – Foreign direct investment by Indian companies in their overseas joint ventures and subsidiaries fell 11% on year to $5.64 billion in April, according to data released by the Reserve Bank of India Thursday. Indian companies had committed $6.33 billion on outward foreign direct investment in April 2025, while the March figure was revised lower to $5.08 billion from the provisional $7.06 billion.
Domestic companies issued $1.76 billion worth of guarantees for their overseas arms and joint ventures in April, down nearly 46% from a year ago. Adani Transmission Step-One Ltd. issued the largest guarantee of $600 million for its wholly-owned subsidiary Atsol Global IFSC Ltd. in Gujarat.
Of the total overseas investments in April, companies invested $3.37 billion as equity, over twofold higher on month and up 71% on year. Companies committed $517.8 million in loans in April, down from $770.68 million in March. The data, based on online reporting by authorised dealer banks, is provisional and subject to change, the RBI said. End
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Reported by Shweta
Edited by Avishek Dutta
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