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Four Indian companies commit $6.8 billion overseas FDI in April; nearly $6 million in Azerbaijan, Turkey

Times of India LogoTimes of India1d ago

Four Indian companies commit $6.8 billion overseas FDI in April; nearly $6 million in Azerbaijan, Turkey - Times of India

Quick Summary:

Indian firms invested nearly $6 million in Azerbaijan and Turkey in April, part of a larger $6.8 billion outbound FDI, which saw a 90% year-on-year increase.

This comes amid calls for boycotts due to Turkey and Azerbaijan's stance on India's actions in Pakistan, leading to a drop in travel demand.

This comes amid Turkey and Azerbaijan's condemnation of India's recent strikes on terror camps in Pakistan under Operation Sindoor, concerns have emerged over potential strain in New Delhi’s trade ties with both countries.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 00:57:33 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 824 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28716724

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 40 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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