Indian companies had invested $1.38 billion in their overseas ventures in August 2014. In July 2015, Indian companies had invested $1.23 billion in overseas markets.
The investments were a mix of issuance of guarantees ($1.83 billion), loan ($177.19 million) and of equity ($184.08 million).
Among major investors, Essar Steel India invested $586.35 million in a wholly owned subsidiary in Mauritius engaged in manufacturing.
Sun Pharmaceutical Industries $455 million in a joint venture in Mauritius, Biocon Ltd a total of $440.04 million in two separate tranches in a wholly owned unit in UAE and a joint venture in Malaysia.
Shree Renuka Sugars invested $70 million in a wholly owned subsidiary in UAE engaged in wholesale, retail trade, restaurants and hotels business.
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