India’s Outward FDI Drops to USD 3.14 Billion in October 2025 [Download RBI Data]
The Reserve Bank of India (RBI) has reported a decline in India’s Outward Foreign Direct Investment (OFDI) for October 2025. According to provisional data released by the Foreign Exchange Department’s Overseas Investment Division, India’s total financial commitment stood at USD 3.14 billion, lower than USD 4.55 billion in September 2025.
Outward Foreign Direct Investment (OFDI) refers to the money that Indian companies invest in businesses located outside India.
Equity Investments Fall Sharply
Equity investments by Indian companies abroad dropped to USD 1,852.87 million in October 2025, compared with USD 2,585.86 million in September 2025. However, this is still significantly higher than USD 795.72 million recorded in October 2024.
Loans Show Moderate Decline
Loans extended to foreign entities amounted to USD 738.68 million, down from USD 978.46 million in September 2025. The figure remains lower than the USD 1,321.48 million recorded in the same month last year.
Guarantees Issued Also Decrease
Indian firms issued guarantees worth USD 549.40 million, compared with USD 990.42 million in the previous month. This is sharply lower than the USD 1,647.34 million reported in October 2024.
Total Commitments Drop Year-on-Year
Overall, India’s total financial commitments of USD 3.14 billion in October 2025 are also lower than the USD 3.76 billion made in October 2024.
