Summary: India's outward FDI increased to $2.14 billion in June 2024, up from $1.14 billion in June 2023, but decreased from $2.22 billion in May. Outward FDI for April to June 2024 totaled $3.16 billion, with $1.94 billion in equity and $1.21 billion in debt investments. Equity commitments rose slightly to $528.4 million from $492.92 million in June 2023 but were less than the $1.04 billion recorded in May 2024. Debt commitments increased to $456.46 million from $258.23 million the previous year, surpassing $263.87 million in May 2024. Guarantees for overseas units nearly tripled to $1.16 billion in June 2024 from $394.69 million in June 2023, exceeding $916.4 million in May 2024, according to RBI statistics.

Source: IBEF 

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