Home India Ministry of Finance Overseas Direct Investment Data Fact Sheet September 2023...
Date: 2023-10-25 Category: Tender Document State: Union Government Country: India

Overseas Direct Investment Data Fact Sheet September 2023

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

**Executive Summary** This monthly fact sheet presents Overseas Direct Investment (ODI) data from April 2000 to September 2023. The data, published on October 11, 2023, is provisional and subject to change. It includes cumulative ODI outflows and financial commitments, component-wise and country-wise break-ups, repatriation inflows, and sector-wise details. **Key Points / Main Content** * **Cumulative ODI Outflows (April 2000 - September 2023):** * Actual Outflows: Equity (US$1,88,334 Million), Loans (US$95,917 Million), Guarantee Invoked (US$6,683 Million); Total (US$2,90,934 Million). * Financial Commitment: Equity (US$1,88,334 Million), Loans (US$95,917 Million), Guarantee Issued (US$3,93,895 Million); Total (US$6,78,146 Million). * **Component-Wise Break-Up of ODI (in US$ Million):** | Financial Year | Equity | Loans | Guarantee Issued | Guarantee Invoked | Financial Commitment (II+III+IV) | Actual ODI Outflow (II+III+V) | | :------------- | :----- | :---- | :--------------- | :---------------- | :-------------------------- | :----------------------- | | 2021-22 | 10,159 | 7,613 | 33,684 | 298 | 51,456 | 18,070 | | 2022-23 | 8,345 | 4,723 | 20,756 | 175 | 33,824 | 13,243 | | 2023-24 (Apr-Sept) | 3,080 | 2,320 | 5,881 | 0 | 11,281 | 5,400 | | Total | 21,584 | 14,656| 60,321 | 473 | 96,561 | 36,713 | * **Summary of Repatriation (Inflow) from JV/WOS (Based on Apr):** | Item | FY 2021-22 | FY 2022-23 | FY 2023-24 (Apr – September 2023) | Cumulative (Apr 2000-September 2023) | | :---------------------- | :--------- | :--------- | :---------------------------------- | :------------------------------------ | | Dividend | 2,355 | 164 | 0 | 20,172 | | Repayment of Loans | 1,612 | 95 | 0 | 23,729 | | Non-Equity Exports Realised | 17,237 | 798 | 0 | 1,13,549 | | Royalties | 39 | 1 | 0 | 1,368 | | Technical know-how fees | 35 | 11 | 0 | 539 | | Consultancy fees | 327 | 11 | 0 | 5,172 | | Others\* | 5,998 | 1,692 | 211 | 84,828 | | Total | 27,603 | 2,772 | 211 | 2,49,357 | *Others include Repayment of Repatriations, Refund of Share Application Money and Others fee. * **ODI Actual Outflows (Month-Wise) (in US$ Million):** | Month | 2021-2022 | 2022-2023 | 2023-2024 | | :---------- | :-------- | :-------- | :-------- | | April | 2,027 | 793 | 1,106 | | May | 1,406 | 636 | 776 | | June | 2,076 | 893 | 647 | | July | 1,115 | 657 | 1,060 | | August | 962 | 1,204 | 890 | | September | 2,100 | 940 | 921 | | October | 1,537 | 870 | 0 | | November | 1,216 | 2,467 | 0 | | December | 1,912 | 1,631 | 0 | | January | 923 | 819 | 0 | | February | 587 | 1,157 | 0 | | March | 2,209 | 1,176 | 0 | | **Total** | **18,070**| **13,243**| **5,400** | * **Top Ten ODI Destination Countries (Financial Year Wise):** Singapore ranks first, followed by Mauritius and the United States of America. * **Country-Wise ODI Outflows from April 2000 to September 2023:** Singapore has the highest ODI outflow, followed by Mauritius and the United States of America. * **Sectors Attracting Highest ODI Outflows (Financial Years Wise):** Financial, Insurance, and Business Services attracted the highest outflows, followed by Manufacturing and Wholesale, Retail Trade, Restaurants and Hotels. **Impact Analysis** **Authorized Dealer (AD) Banks** * **Impact**: AD banks are responsible for online reporting of ODI data, which may lead to changes in the provisional data. * **Action Required**: Continue to accurately report ODI data online to ensure accurate consolidated data.

Key Entities Referenced

Overseas Direct Investment (ODI): The primary subject of the data, representing investments made abroad. Singapore: A key destination for ODI outflows, consistently ranking high in cumulative and yearly outflows. United States of America: Another significant destination country for ODI, with substantial cumulative outflows. Financial, Insurance and Business Services: The sector attracting the highest ODI outflows, both yearly and cumulatively. Mauritius: A key destination for ODI outflows, consistently ranking high in cumulative and yearly outflows.
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MONTHLY FACT SHEET FOR SEPTEMBER 2023 OVERSEAS DIRECT INVESTMENT (ODI)1 DATA FROM APRIL 2000 TO SEPTEMBER 2023 A. CUMULATIVE ODI OUTFLOWS (from April 2000 to September 2023) (Figures in US$ Million) S. No CUMULATIVE AMOUNT OF ACTUAL ODI Total OUTFLOWS 1. Equity Loans Guarantee Invoked Equity +Loans+ Guarantee Invoked Period (from April, 2000 1,88,334 95,917 6,683 2,90,934 to September, 2023) 2. CUMULATIVE AMOUNT OF ODI (FINANCIAL Equity +Loans+ COMMITMENT) Guarantee Issued Period (from April, 2000 Equity Loans Guarantee Issued to September, 2023) 1,88,334 95,917 3,93,895 6,78,146 B. COMPONENT-WISE BREAK-UP OF ODI (Figures in US$ Million) Financial year Overseas Direct Investment (ODI) Financial Actual ODI Commitment Outflow (II+III+IV) (II+III+V) Equity Loans Guarantee Guarantee Issued Invoked I II III IV V VI VII 2021-22 10,159 7,613 33,684 298 51,456 18,070 2022-23 8,345 4,723 20,756 175 33,824 13,243 2023-24 3,080 2,320 5,881 0 11,281 5,400 (April- September) Total 21,584 14,656 60,321 473 96,561 36,713 1 Disclaimer: The ODI data’s are provisional published on 11th October, 2023 and subject to change on account of the online reporting made by the Authorized Dealer (AD) banks. The break-up may not add-up to the totals given due to rounding-off of decimals and online reporting (continue) by AD banks. 1C. SUMMARY OF REPATRIATION (INFLOW) FROM JV/WOS (BASED ON APR) (Figures in US$ Million) Sr. No Item FY 2021-22 FY 2022-23 FY 2023-24 (Apr – Cumulative (Apr 2000- September 2023) September 2023) 1 Dividend 2,355 164 0 20,172 2 Repayment of Loans 1,612 95 0 23,729 3 Non-Equity Exports 17,237 798 0 1,13,549 Realised 4 Royalties 39 1 0 1,368 5 Technical know-how 35 11 0 539 fees 6 Consultancy fees 327 11 0 5,172 7 Others* 5,998 1,692 211 84,828 Total 27,603 2,772 211 2,49,357 * Others include Repayment of Repatriations, Refund of Share Application Money and Others fee. D. ODI ACTUAL OUTFLOWS (MONTH-WISE) Actual ODI outflow (In US$ Million) S. No. Month 2021-2022 2022-2023 2023-2024 1 April 2,027 793 1,106 2 May 1,406 636 776 3 June 2,076 893 647 4 July 1,115 657 1,060 5 August 962 1,204 890 6 September 2,100 940 921 7 October 1,537 870 0 8 November 1,216 2,467 0 9 December 1,912 1,631 0 10 January 923 819 0 11 February 587 1,157 0 12 March 2,209 1,176 0 Total 18,070 13,243 5,400 2E. TOP TEN ODI DESTINATION COUNTRIES (FINANCIAL YEAR WISE) Rank Country ODI (In US$ Million) Cumulative ODI (April 2021- September 2023) 2021-22 2022-23 2023-24 In US$ As % of ‘Total ODI (April – Million (April 2021-September September 2023)’ 2023) 1 SINGAPORE 4,497 2,201 1,957 8,655 (24) 2 MAURITIUS 1,371 1,120 77 2,568 (7) 3 UNITED STATES 3,514 2,042 691 6,247 (17) OF AMERICA 4 NETHERLANDS 1,050 779 491 2,320 (6) 5 UNITED 2,349 2,734 379 5,462 (15) KINGDOM 6 UNITED ARAB 494 1,253 462 2,209 (6) EMIRATES 7 RUSSIA 567 200 1 767 (2) 8 BRITISH VIRGIN 299 297 43 639 (2) ISLANDS 9 SWITZERLAND 453 320 205 978 (3) 10 CYPRUS 334 45 4 379 (1) Total ODI to Top 14,928 10,991 4,310 30,224 (82) 10 Countries** (83) (83) (80) (82) Total ODI (to All 18,070 13,243 5,400 36,713 Countries) ** Value given in parentheses is % Share in 'Total ODI’ ** Channel Island is not included in top 10 for lack of Data. 3F. COUNTRY-WISE ODI OUTFLOWS FROM APRIL 2000 TO SEPTEMBER 2023 Sr. No Name of the Country ODI (In US$ Million) As % of Total ODI 1 SINGAPORE 56,412 19% 2 MAURITIUS 40,329 14% 3 UNITED STATES OF AMERICA 35,231 12% 4 NETHERLANDS 24,177 8% 5 UNITED KINGDOM 17,891 6% 6 UNITED ARAB EMIRATES 13,760 5% 7 RUSSIA 12,704 4% 8 CHANNEL ISLAND 10,579 4% 9 BRITISH VIRGIN ISLANDS 8,764 3% 10 SWITZERLAND 7,621 3% 11 CYPRUS 7,014 2% 12 SRI LANKA 5,995 2% 13 CAYMAN ISLAND 5,087 2% 14 MOZAMBIQUE 3,809 1% 15 SUDAN 3,057 1% 16 HONGKONG 2,123 1% 17 CANADA 2,063 1% 18 BERMUDA 1,880 1% 19 AUSTRALIA 1,756 1% 20 MYANMAR 1,746 1% 21 AZERBAIJAN 1,740 1% 22 GERMANY 1,705 1% 23 INDONESIA 1,515 1% 24 JERSEY 1,201 0% 25 SOUTH AFRICA 1,025 0% 26 IRELAND 969 0% 27 LUXEMBOURG 928 0% 28 CHINA 921 0% 29 PHILIPPINES 918 0% 30 SOUTH KOREA 795 0% 31 ISLE OF MAN 731 0% 32 BANGLADESH 715 0% 33 MALAYSIA 703 0% 34 SPAIN 662 0% 35 EGYPT 633 0% 36 BRAZIL 630 0% 37 ITALY 584 0% 38 PANAMA 580 0% 39 OMAN 544 0% 4Sr. No Name of the Country ODI (In US$ Million) As % of Total ODI 40 BELGIUM 527 0% 41 THAILAND 507 0% 42 VIETNAM 494 0% 43 JAPAN 470 0% 44 FRANCE 445 0% 45 KAZAKHISTAN 392 0% 46 SWEDEN 391 0% 47 SAUDI ARABIA 390 0% 48 ISRAEL 384 0% 49 DENMARK 349 0% 50 KENYA 327 0% 51 COLOMBIA 307 0% 52 CZECH REPUBLIC 292 0% 53 IFSC GIFT CITY 280 0% 54 NEPAL 266 0% 55 LIBYA 251 0% 56 MOROCCO 237 0% 57 MEXICO 217 0% 58 JORDAN 213 0% 59 NIGERIA 210 0% 60 BAHRAIN 209 0% 61 IRAN 206 0% 62 TURKEY 195 0% 63 ZAMBIA 185 0% 64 ETHIOPIA 181 0% 65 LIBERIA 181 0% 66 GABON 177 0% 67 BAHAMAS 169 0% 68 URUGUAY 168 0% 69 NORWAY 156 0% 70 CHILE 154 0% 71 MALTA 153 0% 72 QATAR 152 0% 73 CUBA 143 0% 74 TANZANIA 142 0% 75 GHANA 136 0% 76 BOTSWANA 123 0% 77 IVORY COAST 110 0% 78 BHUTAN 104 0% 79 MALDIVES 97 0% 5Sr. No Name of the Country ODI (In US$ Million) As % of Total ODI 80 FINLAND 94 0% 81 UGANDA 87 0% 82 AUSTRIA 78 0% 83 NEW ZEALAND 77 0% 84 SYRIAN ARAB REPUBLIC 73 0% 85 POLAND 62 0% 86 BOLIVIA 56 0% 87 GREECE 52 0% 88 ROMANIA 44 0% 89 HUNGARY 41 0% 90 CONGO 39 0% 91 CAMBODIA 37 0% 92 CROATIA 34 0% 93 GUYANA 34 0% 94 SENEGAL 34 0% 95 RWANDA 31 0% 96 MARSHALL ISLAND 28 0% 97 PERU 27 0% 98 YEMEN 26 0% 99 LAOS 23 0% 100 DEMOCRATIC REPUBLIC OF 22 0% TIMOR LESTE 101 FEDERATION OF SAINT KITTS 21 0% AND NEVIS 102 PUERTO RICO 19 0% 103 PORTUGAL 17 0% 104 ZIMBABWE 17 0% 105 UZBEKISTAN 16 0% 106 MALI 14 0% 107 VENEZULA 14 0% 108 ALGERIA 13 0% 109 TUNISIA 12 0% 110 AFGHANISTAN 11 0% 111 GAMBIA 11 0% 112 TAIWAN 11 0% 113 EUROPIAN UNION 10 0% 114 GUATEMAL 10 0% 115 KUWAIT 10 0% 116 COSTA RICA 9 0% 117 TRINIDAD AND TOBAGO 9 0% 118 MAURITANIA 7 0% 6Sr. No Name of the Country ODI (In US$ Million) As % of Total ODI 119 GIBRALTER 6 0% 120 KYRGYZ REPUBLIC 6 0% 121 LIECHTENSTEIN 6 0% 122 MALDOVA 6 0% 123 MONGOLIA 6 0% 124 SEYCHELLES 6 0% 125 BELARUS 5 0% 126 GUINEA REPUBLIC 5 0% 127 KIRGHIZSTAN 5 0% 128 NAMIBIA 5 0% 129 REPUBLIC OF MADAGASCAR 5 0% 130 SAINT LUCIA 5 0% 131 TADJIKISTAN 5 0% 132 TOGO 5 0% 133 UKRAINE 5 0% 134 GEORGIA 4 0% 135 GUERNSEY 4 0% 136 MALAWI 4 0% 137 ECUADOR 3 0% 138 PARAGUAY 3 0% 139 ARGENTINA 2 0% 140 BRUNEI 2 0% 141 BULGARIA 2 0% 142 VANATUA 2 0% 143 ALBANIA 1 0% 144 BARBADOS 1 0% 145 BENIN 1 0% 146 BURKINO FASO 1 0% 147 ESTONIA 1 0% 148 FIJI 1 0% 149 HONDURAS PEPUBLIC 1 0% 150 LITHUANIA 1 0% 151 NIGER 1 0% 152 SLOVAKIA 1 0% 153 BELIZE 0 0% 154 BRITISH ANGUILLA 0 0% 155 BURUNDI 0 0% 156 CAMEROON 0 0% 157 CENTRAL AFRICAN REPUBLIC 0 0% 158 CHAD 0 0% 7Sr. No Name of the Country ODI (In US$ Million) As % of Total ODI 159 DJIBOUTI REPUBLIC 0 0% 160 DOMINICAN REPUBLIC 0 0% 161 ICELAND 0 0% 162 IRAQ 0 0% 163 LATVIA 0 0% 164 REPUBLIC OF MACEDONIA 0 0% 165 REPUBLIC OF SERBIA 0 0% 166 SIERRA LEONE 0 0% 167 SLOVENIA 0 0% 168 SOMALIA 0 0% 169 ST. VINCENT 0 0% 170 SWAZILAND 0 0% Grand Total 2,90,934 100% 8G. SECTORS ATTRACTING HIGHEST ODI OUTFLOWS (FINANCIAL YEARS WISE) (In US$ Million) Rank Sectors Yearly Actual Outflows Cumulative Outflows (In US$ Million) 2021-22 2022-23 2023-24 In US$ As % of (April – Million ‘Total ODI September (April 2021 – 2023) September 2023) 1 FINANCIAL,INSURANCE 8,129 4,252 2,142 14,523 40% AND BUSINESS SERVICES 2 MANUFACTURING 4,250 3,513 1,110 8,873 24% 3 WHOLSALE, RETAIL TRADE, 2,312 2,897 799 6,008 16% RESTAURANTS AND HOTELS 4 AGRICULTURE AND MINING 1,010 714 203 1,927 5% 5 COMMUNITY, SOCIAL AND 1,258 321 163 1,742 5% PERSONAL SERVICES 6 CONSTRUCTION 672 577 385 1,634 4% 7 TRANSPORT, STORAGE AND 323 809 553 1,685 5% COMMUNICATION SERVICES 8 ELECTRICITY, GAS AND 94 104 32 230 1% WATER 9 MISCELLANEOUS 22 56 13 91 0 TOTAL OUTFLOWS 18,070 13,243 5,400 36,713 100% 9H. SECTORS ATTRACTING HIGHEST ODI OUTFLOWS (MONTH-WISE) (In US$ Million) Rank Sector April-23 May-23 June-23 July-23 August-23 September-23 1 FINANCIAL,INSUR 336 297 294 640 212 363 ANCE AND BUSINESS SERVICES 2 TRANSPORT, 167 26 20 25 277 37 STORAGE AND COMMUNICATIO N SERVICES 3 WHOLSALE, 140 210 132 133 95 91 RETAIL TRADE, RESTAURANTS AND HOTELS 4 MANUFACTURIN 334 109 105 104 131 327 G 5 CONSTRUCTION 65 65 40 25 130 61 6 ELECTRICITY, 22 1 2 3 2 1 GAS AND WATER 7 AGRICULTURE 28 47 38 37 23 29 AND MINING 8 COMMUNITY, 13 19 16 88 19 9 SOCIAL AND PERSONAL SERVICES 9 MISCELLANEOUS 1 2 0 5 1 3 TOTAL 1,106 776 647 1,060 890 921 OUTFLOWS ***** 10

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