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Inward & Outward FDI Trends 2023
September 17 , 2023
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- The Reserve Bank of India report shows that Total outward direct investment by Indian firms rose by 19.46% in FY2023.
- Outward direct investment (ODI) is a business strategy in which a domestic firm expands its operations to a foreign country.
- It is different from the foreign portfolio investment.
- Singapore was the largest beneficiary of outward direct investment (ODI) by Indian firms.
- Bermuda, Jersey and Cyprus, known for their tax benefits are in the top 10 countries that received Indian ODI.
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