India’s outward foreign direct investment (FDI) rises 17% year-on-year to $5.7 billion in July, based on provisional data from the Reserve Bank of India (RBI). The figure is reported as $5.70 billion in July, compared with $4.88 billion in the same month a year earlier.
The RBI data also shows the July total is higher than the previous month. Outward FDI recorded in June is cited as $3.14 billion, indicating a noticeable month-on-month increase. Across the available sources, the reported emphasis is on the month’s year-on-year growth rate and the contrast with the June level. No additional details, such as sectoral breakdowns or country destinations, are provided in the supplied excerpts.
