INDIA’S INTERNATIONAL INVESTMENT POSITION (IIP)

Key findings: Annual Variations during April 2019 – March, 2020

• International financial assets of Indian residents increased by 73.9 billion dollar due to the rise in reserve assets and overseas direct investment by 64.9 billion dollar and 13.0 billion dollar, respectively, though other investments declined marginally during the year.
  
  
• Despite a fall of 13.7 billion dollar in portfolio investment during the year, international financial liabilities increased by 16.3 billion dollar as direct investment and other investments rose by 19.0 billion dollar and 11.0 billion dollar, respectively.
  
  
• Overall, net claims of non-residents on India declined by 57.6 billion dollar during the year.