India Inc's overseas direct investment dips over 8% to USD 2.05 bn in Dec 21
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Outward foreign direct investment by Indian companies fell by over 8 per cent to USD 2.05 billion in December 2021 in the current fiscal, data from the Reserve Bank of India showed on Monday. The domestic companies had invested USD 2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year.