India’s outward foreign direct investment (FDI) commitments increased to $3.91 billion in March 2024, up from $2.63 billion in March 2023, as per Reserve Bank of India (RBI) data. The rise was also observed sequentially from February 2024. Outbound FDI consists of equity, loans, and guarantees, with equity commitments more than doubling to $2.03 billion in March 2024. Debt commitments nearly doubled to $1.04 billion, while guarantees for overseas units declined.