Outward FDI by Indian companies jumps 35% on year in May to $4.49 billion
This story was originally published at 18:04 IST on 10 June 2026
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NEW DELHI – Foreign direct investment by Indian companies in their overseas joint ventures and subsidiaries rose 35% on year to $4.49 billion in May, according to data released by the Reserve Bank of India Wednesday. Indian companies had committed $3.34 billion on outward foreign direct investment in May 2025, while the figure for April was revised higher to $8.84 billion from the provisional $5.64 billion.
Domestic companies issued guarantees worth $2.61 billion for their overseas subsidiaries and joint ventures in May, up over twofold from a year ago. Samvardhana Motherson International Ltd. issued the largest guarantee worth $883.87 million for its wholly-owned arm MSSL Mauritius Holdings Ltd. in Mauritius.
Of the total overseas investments in May, companies invested $1.25 billion as equity, up almost 16% on year but down nearly 65% on month. Companies committed $632 million in loans in May, down 44% on year. The data, based on online reporting by authorised dealer banks, is provisional and subject to change, the RBI said. End
US$1 = INR 95.27
Reported by Shweta
Edited by Avishek Dutta
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