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Overseas investment by the Indian companies rose by 40.4 per cent to $ 3.14 billion in January 2016, the Reserve Bank data showed on Monday.
In January 2015, Indian companies had invested $ 2.24 billion in overseas markets.
The investments were in the form of issuance of guarantees ($ 1.41 billion), loan ($ 193.05 million) and of equity ($1.54 billion).
The major investors include Emcure Pharma, Glenmark Pharma, Edelweiss Financial, Shree Renuka Sugars, Living Entertainment, Gujarat State Fertilisers and Chemicals, Infosys.
Emcure Pharmaceuticals made an investment of $ 112.92 million during January in overseas market, Edelweiss Financial Services $ 100.85 million and Shree Renuka Sugars $ 100.5 million.
Among others include Glenmark Pharmaceuticals $ 86.82 million, Living Entertainment Enterprises $ 62.23 million, Gujarat State Fertilisers and Chemicals $ 41.1 million and Infosys $ 32.56 million.
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