According to a data by RBI, the direct investments by Indian firms abroad increased by 60.8 percent to USD 2.30 billion in July 2016.
In July 2015, the Indian companies had invested USD 1.43 billion in their overseas ventures in July 2015.
The investments had been made in the form of issuance of guarantees (USD 892.93 million), loans (489.42 million) and equity (USD 916.07 million).
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