Outward FDI
Outward FDI by Indian companies rises 23% on year to $3.84 billion in Aug
This story was originally published at 16:43 IST on 18 September 2026
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NEW DELHI – Foreign direct investment by Indian companies in overseas joint ventures and subsidiaries rose more than 23% year on year to $3.84 billion in August, according to data released by the Reserve Bank of India Friday. Outward FDI by Indian companies was $3.11 billion in August last year and $5.78 billion in July.
Indian companies issued guarantees worth $2.24 billion for their overseas subsidiaries and joint ventures in August, up over 85% from a year ago. Solar Industries India Ltd. issued the largest guarantee in August, worth $795 million, to its wholly owned subsidiary, Solar Overseas Mauritius Ltd.
Of the total overseas FDI, companies spent $1.14 billion as equity, up over 7% from a year ago. Companies committed $464 million in loans, down 45% from a year ago. The data, based on online reporting by authorised dealer banks, is provisional and subject to change, the RBI said. End
US$1 = INR 95.87
Reported by Radhika Tiwari
Edited by Saji George Titus
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