Outbound Investments from India
India has emerged as the world's 21st largest outward investor, with more US$ 75 billion overseas investment in the past decade according to a recent report by Columbia University. The data from Reserve Bank divulges that investments by domestic companies in overseas joint ventures and wholly-owned subsidiaries stood at US$ 10.3 billion during 2009-10.
Equity accounted for more than 64 per cent (over US$ 6.6 billion) of the total outward foreign domestic investments (FDI), loans for about 35.6 per cent (over US$ 3.6 billion), as per the Reserve Bank of India (RBI). In terms of destinations, Singapore, Mauritius, the Netherlands, the US and the British Virgin Islands accounted for 67 per cent of total outward foreign direct investment (FDI). Singapore and Mauritius remains top destinations with more than 48 per cent share of the investments during 2009-10.
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