Economic TimesLean R·
India’s outward FDI falls 14% to $4.34 billion in September as loans, guarantees decline
Outward foreign direct investment from India reached $4.34 billion in September, which is a 14% increase from last year. However, this figure reflects a 37% decrease from the previous month. Equity commitments decreased by 20% compared to August, totaling $3.26 billion. Loans to overseas subsidiaries rose slightly, reaching $549 million in September. Several companies, including Sun Pharma, led the equity outflows with significant investments.
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