India among top ten investors in the USA in 2015: Baker & McKenzie

Oct 19, 2015 16:18 IST

India was among the top 10 investors in the USA in 2015. It was revealed by the Cross Border Merger & Acquisition Index of Baker & McKenzie that was released on 18 October 2015.

As per the maiden report of its kind by Baker & McKenzie, Indian companies invested around 1.7 US billion dollars in the US companies in 2015 alone.

Further, majority of these investments were in the health care sector totaling 1.5 billion US dollars making it the fourth largest investor in the sector behind Germany with 2.8 billion US dollars investment.

Regarding future, the report was also optimistic that Indian companies will continue to invest in the coming months as they are cash rich and, hence, less immune to fluctuations in the global economy.

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Read more Current Affairs on: Indian MNCs , M & A , investment , pharmaceutical sector , US economy

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