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In February, India’s FDI abroad increased to $3.05 billion

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<p><strong>Mumbai:</strong> According to the most recent statistics issued by the RBI on Monday, India’s outbound foreign direct investment (FDI) commitments increased by 7.8% to $3.05 billion year-over-year in February 2024 from $2.83 billion in the same month the previous year.</p>
<p><img decoding=”async” class=”alignnone wp-image-526226″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-in-february-indias-fdi-abroad-increased-to-3-05-billion-qt-fdi-11zon.jpg” alt=”theindiaprint.com in february indias fdi abroad increased to 3 05 billion qt fdi 11zon” width=”1201″ height=”801″ title=”In February, India's FDI abroad increased to $3.05 billion 6″></p>
<p>Nevertheless, the data indicated that the amount increased by 38.4% on a sequential basis from $2.19 billion in January 2024.</p>
<p>As a financial commitment, outbound FDI is made up of three parts: loans, guarantees, and equity.</p>
<p>From $776.79 million in February 2023 to $502.13 million in February 2024, the equity obligations decreased.</p>
<p>In January 2024, it was also less than the $764.29 million reported.</p>
<p>From $334.75 million in February 2023 to $306.59 million in January 2024, the loan obligations decreased to $251.08 million in February 2024.</p>
<p>From $1.72 billion in February 2023 and $2.19 billion in January 2024, the guarantees granted in February 2024 increased to $2.72 billion.</p>


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