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India has overtaken China in direct investment by US

BI India BureauMar 24, 2016, 10:08 IST

India has overtaken China in terms of direct equity allocation by US investors.

The data released by US Treasury shows India makes up 1.8% of US foreign equity holdings as on December 2015 as against 1.6% of China. US investors direct investment in Indian equities has risen from $7 billion in September 2013 to $12 billion in December 2015.

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