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India Records October Net FDI Outflow as Repatriations Surge

Policymakers signal a renewed push to attract stable capital following currency pressure from recent outflows.

Overview

  • RBI data show a net FDI outflow of $1.55 billion in October 2025, reversing inflows as repatriations accelerated.
  • Gross FDI slipped to $6.54 billion from $7.00 billion in September and $7.17 billion a year earlier, indicating softer headline inflows.
  • Foreign investors repatriated $4.99 billion and Indian firms invested $3.09 billion abroad in October, a combined $8.08 billion that drove the net outflow.
  • Outward FDI was concentrated in financial, insurance and business services and largely directed to Singapore, the United States and the United Arab Emirates.
  • Foreign portfolio flows posted a $3.42 billion inflow in October but were net negative as of December 18, while the rupee faced pressure that prompted RBI intervention and equities saw $17.73 billion in year‑to‑date outflows.