India’s Outward FDI Drops 47.9% to USD 3 Billion in June 2026: Reserve Bank of India (RBI) Data

Key facts

• India’s outward foreign direct investment (FDI) declined by 47.9% year-on-year to USD 3 billion in June 2026 from USD 5.74 billion in June 2025.
• Outward FDI in June 2026 also fell sequentially from USD 4.5 billion recorded in May 2026.
• Equity commitments dropped to USD 738 million in June 2026 from USD 2.2 billion in June 2025 and from USD 1.25 billion in May 2026.
• Debt commitments stood at USD 469.87 million in June 2026, down from USD 568.54 million a year earlier and USD 645.75 million in May 2026.
• Guarantees issued for overseas entities declined to USD 1.78 billion in June 2026 compared with USD 2.97 billion in June 2025 and USD 2.61 billion in May 2026.
• Despite the monthly decline, India’s outward FDI commitments for FY26 reached USD 48.6 billion, exceeding the USD 43.7 billion recorded in FY25.