 "FDI")
The growing number of Indian companies eyeing international acquisitions is expected to make the country one of the top 20 global sources of foreign direct investment (FDI) soon, shows a report by a UN body.
“India and the UAE — not traditionally in the top 20 outward investor countries — were also listed among the top 10 sources of FDI, for the 2019-2021 period, shows the report on international FDI flows by United Nations Conference on Trade and Development.
Drawing inference from a survey of investment promotion agencies globally, the report points out that India’s equity outflows stood at $11.03
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