Outbound FDI: India may soon be in top 20

- India and UAE were considered among the top 10 most important sources of FDI for the 2019 to 2021 period
- India’s FDI outflows more than doubled in 2017 to $11.3 bn, mostly led by ONGC, which bought a 15% stake in an offshore field in Namibia from Tullow Oil