Buying spree

Published By: BS on eSS | Published Date: October, 07 , 2006

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say that outbound investments from India in nine months this calendar year total $7.2 billion, up from $4.5 billion in all of last year, which was treble the amount in the year before.

Author(s): T.N. Ninan | Posted on: Oct 07, 2006 | Views(3246) | Download (512)


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