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Tuesday, June 15, 2010

Indian Cos investments in USA everincreasing

Indian investment in 2008 was USD 4.5 billion but the investments in 2009 grew 60 per cent higher than investments in the previous year. He was quoting from a yet to be published report by India US World Affairs Institute and the University of Maryland.

This feat has been achieved by acquiring 372 businesses by Indian companies in the US between 2004 and 2009 worth USD 21 billion. which has created an estimated 40,000 employments in the US.