{"id":28604,"date":"2022-03-10T18:01:49","date_gmt":"2022-03-10T12:31:49","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-overseas-investment\/"},"modified":"2022-03-10T18:01:49","modified_gmt":"2022-03-10T12:31:49","slug":"biz-overseas-investment","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-overseas-investment\/","title":{"rendered":"India Inc&#8217;s direct overseas investment plunges 67 pc to USD 754 mn in Feb"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3871813712\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Mar 10 (PTI) India Inc&#8217;s direct overseas investment declined 67 per cent to USD 753.61 million in February this year, the Reserve Bank data showed on Thursday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-261666261\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The domestic investors had invested over USD 2.28 billion in overseas ventures as part of the outward foreign direct investment (OFDI) in February 2021.<\/p>\n<p>Of the total invested amount during the last month, USD 237.84 million was in the form of equity infusion, USD 230.06 million as loan and USD 285.72 million by way of issuance of guarantees, showed the RBI data on OFDI February 2022.<\/p>\n<p>Comparing month-on-month, the investment fell 56 per cent from USD 1.71 billion in January 2022.<\/p><div class=\"trade-content_5\" id=\"trade-80088930\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Among the major investors were: ONGC Videsh Ltd USD 47 million in a joint venture in Russia; Madhurima International USD 40.91 million in a JV in the US; Titan Company USD 29.5 million in a WoS in UAE; Imagine Marketing USD 26.06 million in a wholly-owned subsidiary in Singapore and KEC International USD 15.99 million in a JV in Saudi Arabia. PTI KPM  KPM BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-2822102430\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Mar 10 (PTI) India Inc&#8217;s direct overseas investment declined 67 per cent to USD 753.61 million in February this year, the Reserve Bank data showed on Thursday. The domestic investors had invested over USD 2.28 billion in overseas ventures as part of the outward foreign direct investment (OFDI) in February 2021. Of the total [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-28604","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Inc&#039;s direct overseas investment plunges 67 pc to USD 754 mn in Feb - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-overseas-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Inc&#039;s direct overseas investment plunges 67 pc to USD 754 mn in Feb\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Mar 10 (PTI) India Inc&#8217;s direct overseas investment declined 67 per cent to USD 753.61 million in February this year, the Reserve Bank data showed on Thursday. 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