As for month-on-month, in July this year the Indian companies had spent $1.12 billion in overseas markets.
The investments were a mix of issuance of guarantees ($742.80 million), loans ($ 303.48 million) and of equity ($207.39 million).
Reliance Industries, Whiteline Consultancy Services, IL&FS Transportation Networks, JSW Steel Ltd, Strides Acrolab Ltd, United Spirits, Manipal Health Enterprises, Cox & Kings. Sunteck Realty Ltd and Bombay Dyeing were among the major investors who invested their money overseas in August.
Reliance Industries made an investment of $ 70 million in a wholly owned subsidiary (WOS) in the UAE, IL&FS Transportation Networks invested $ 68.69 million in its joint venture in Spain and Strides Acrolab invested a total of $63 million in two separate tranches in its wholly owned units in Cyprus and Singapore.
JSW Steel made an investment of $54 million in a joint venture (JV) in the US, Whiteline Consultancy $ 66.46 million in a JV in France and Manipal Health Enterprises made commitment of $33.12 million in a WOS in Singapore.
Among other major companies, Cox & Kings made a total investment of $39.95 million in four different WOS situated in Hong Kong, Singapore and the UK.
United Spirits invested $25.36 million in its WOS in British Virgin Islands, Sunteck Realty $24.75 million in its WOS in UAE and Bombay Dyeing made an investment of $13.86 million in a JV in Indonesia.
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