Overseas Indians send home record $129.4 billion in 2024; remittances cross $100 billion for 3rd consecutive year

Indians abroad transferred a record $129.4 billion in 2024. Despite inflation in source regions, remittances continued rising, bolstered by recovery in OECD job markets post-pandemic. India's leading position in global remittances remains, with projections to reach $160 billion by 2029.

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