Indian Companies Overseas Foreign Direct Investment Set to Rise: CII

By Accommodation Times Bureau

Given stable market conditions and the significant impact created by Indian companies on local economies, Indian overseas investments are likely to go up. As per the latest World Investment Report of UNCTAD, India’s total cumulative stock of Overseas Foreign Direct Investment (OFDI) amounted to $155 billion in 2017.

Indian companies have been working with the local communities while investing abroad, generating substantial employment and creating benefits for the host economies, noted CII.

CII regularly tracks overseas investments by Indian companies in major countries to provide insights about their scale and performance and the impact they have on these economies. CII surveys have been conducted in the United States, China, United Kingdom, South Africa, and Germany.

The major sectors of interest for Indian companies in these countries are Information Technology (IT), pharmaceuticals, manufacturing, automotive, financial services, and business services, among others, according to the  CII surveys.

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