India Inc.’s foreign direct investment plunges 67% to $754 million in February.

On a monthly basis, investments in January 2022 were down 56% from $1.71 billion.

On a monthly basis, investments in January 2022 were down 56% from $1.71 billion.

India Inc.’s foreign direct investment fell 67% to $753.61 million in February this year, Reserve Bank data showed on Thursday.

Domestic investors had invested more than US$2.28 billion in overseas projects as part of foreign direct investment (OFDI) as of February 2021.

Of the total amount invested last month, $237.84 million was in the form of equity injections, $230.06 million was in the form of loans and $285.72 million was in the form of guarantees, according to OFDI im RBI data February 2022 showed.

On a monthly basis, investments in January 2022 were down 56% from $1.71 billion.

Among the main investors were: ONGC Videsh Ltd. $47 million in joint venture in Russia; Madhurima International $40.91M in US JV; Titan Company $29.5M in UAE WoS; Imagine Marketing $26.06 million in a wholly owned subsidiary in Singapore and KEC International $15.99 million in a JV in Saudi Arabia.

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