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