MUMBAI, India, Dec. 2 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank released the results1 of the fifteenth round of its biennial survey on foreign collaboration in Indian industry (FCS) covering the financial years 2023-24 and 2024-25. This survey captures information on financial parameters and operations of the Indian companies having technical collaboration with foreign companies during the reference period, as per the attached schedule.
In the latest survey round, 601 foreign technical collaboration (FTC) agreements were reported by 255 Indian entities, of which, 163 entities had participated in the previous survey round.
Highlights:
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Foreign technical collaboration (FTC) agreements were pri...