INDIA: Indian cos. bullish over investments in US

NEW DELHI: The regulatory authorities approving direct investments worth $225 million in April 2005 to January 2006 period seems made Indian companies bullish on investing in the US, a survey conducted by Industry body Ficci and Ernst and Young stated here on September 10.

The Indian investments abroad in last decade are mainly to the US, following by Russia with investments to the tune of $1,763 million, Mauritius $1,038 million and Sudan $964 million.   

Majority of the Indian investments abroad are in the US and home-grown companies have invested close to $2,159 million in the last decade, followed by Russia with investments to the tune of $1,763 million, Mauritius $1,038 million and Sudan $964 million, according to a survey conducted by Industry body Ficci and Ernst and Young.

Survey further stated that Indian companies are investing in wide-ranging sectors including textiles among others, as 25 percent of the investments were absorbed in sectors like telecom, textile, automotive and financial services.

Indian companies, who are assisting in enhancing the productivity, managerial talents and bailing-out bankrupt US companies, are no longer just outsourcing partners but have contributed significantly to the US economy.


Send your News/Releases for publication to news@bharattextile.com
Added: September 11, 2006 Source: Agencies
Start script - 1506061602.3528 Start news id check - 1506061602.3529 After news id check - 1506061602.3532 After cookie_code - 1506061602.7092 Before news detail - 1506061602.7092 After news detail - 1506061602.7097 Start cat select - 1506061602.7097 After cat select - 1506061602.7099 before preg replace - 1506061602.7099 After preg replace - 1506061602.71 Before tag engine - 1506061602.71 After tag engine - 1506061602.7135 Before mptt engine - 1506061602.7135 After mptt engine - 1506061602.7135 Before related engine - 1506061602.7135 After related engine - 1506061602.7199 Before update hits - 1506061602.7199 After update hits - 1506061602.7201 After update news_hits - 1506061602.7209 After mem_only_views - 1506061602.7209 -------------------------------------------------- Total Exec time:- 0.3681001663208
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2017. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 22-09-2017