Outward FDI up 25.7% at $2.1billion in January

 India's outward foreign direct investment (FDI) commitments rose by 25.7 percenton a year-on-year (Y-0-Y) basis to $2.09 billionin January2024, compared to over $1.66 billionin January2023. Sequentially, they declined from $2.5 billion in December2023, accordingto Reserve Bank of India (RBI) data. Outbound FDI, expressed as a financial commitment, comprises three components — equity, loans, and guarantees.

             ABHIJIT LELE

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