India's Outward FDI Drops 14% to $4.34 Billion in September Amid Decline in Loans and Guarantees

India's outward FDI increased by 14% year-on-year to $4.34 billion in September, but fell 37% from the previous month. Equity commitments decreased by 20% to $3.26 billion, while loans to overseas subsidiaries rose to $549 million. Sun Pharma Laboratories led equity outflows with a $1.99 billion investment.

Key facts

• Outward FDI from India increased 14% year-on-year to $4.34 billion in September.
• Outward FDI fell 37% from the previous month to $4.34 billion.
• Equity commitments decreased by 20% to $3.26 billion in September.
• Loans to overseas subsidiaries increased to $549 million in September.

Sources

• The Economic Times