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Overseas borrowing surges to 5-year high

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India's private sector is witnessing a surge in investment, with companies securing a record $11 billion in external commercial borrowings (ECBs) in March 2025. This five-year high, driven by confidence in India's economic prospects, saw approvals granted to firms like Foxconn's Yuzhan Technology and JSW Steel. For FY25, total ECB proposals reached $61.
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