Investment flowing in and out of India

Investment flowing in and out of India Indian investment in foreign markets will increase threefold in 2007, while foreign investment into India will also grow, but at a slower clip, according to a study by the Washington-based Institute of International Finance.
   Indian companies have made big splashes in Europe and Asia in the steel, technology and logistics markets in recent years, but part of those multimillion-dollar deals include financing outside of India, the report said. Still, Indian investment abroad could reach $3 billion this year, while investment into India is projected to grow from $6.5 billion in 2006 to $8 billion this year.