India's outward FDI jumps 17% to $5.7 billion in July

India's outward foreign direct investment (FDI) climbed 17% year-on-year to $5.70 billion in July, compared with $4.88 billion in the same month last year, according to provisional data from the Reserve Bank of India.

The July figure also marked a significant increase from June's outward FDI of $3.14 billion, suggesting a surge in Indian companies' overseas investment activity.