India’s outward FDI increases 25.7% to $2.1 billion in January.
According to the RBI data, India’s outward foreign direct investment (FDI) increased by 25.7 per cent on a year-on-year (Y-o-Y) basis to $2.09 billion in January 2024.
The outward FDI had declined from $2.5 billion in December 2023.
Outbound FDI comprises three components – equity, loans, and guarantees.
The equity has increases to $760.9 million in January 2024 from $597.4 million in January 2023. It was lower than the $834.7 million recorded in December 2023.
In January, Guarantees for overseas units increased to $1.02 billion from $854.1 million in January 2023.
Debt commitments had also increased to $306.2 million in January 2023.