India Inc goes global as government chokes economy

The cream of India Inc is making big ticket investments overseas rather than in India. Over the last 12 months, Mukesh Ambani's Reliance Industries has already invested $5 billion in Africa and the US. Reliance Industries expects to double its investment abroad in four years. Anil Ambani's Reliance-ADAG has invested $3 billion globally in 2011, including in mining projects in Indonesia in 2011. He expects to more than double that to $7 billion in 2015.

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