India Inc's overseas direct investment in June doubles to $2.8 bn: RBI data
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The overseas direct investment of domestic companies more than doubled to USD 2.80 billion in June this year, according to RBI data. India Inc had invested USD 1.39 billion in overseas ventures in the year-ago month. However, on a month-on-month basis, the investment was lower by over 58 per cent from USD 6.71 billion in May 2021, as per the RBI data on outward investments by Indian firms.