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India’s 138 billion remittances are shifting power as Gulf reliance fades fast

Economy
Published on 30 April 2026
India’s 138 billion remittances are shifting power as Gulf reliance fades fast

Advanced economies are now outpacing the Gulf

India’s remittance inflows, pegged at about $138 billion, are becoming more shock-resistant as sending networks diversify. Advanced economies are increasing their contribution and moving ahead of Gulf-linked remittances, strengthening India’s economic cushion even as regional conflicts pose near-term risks. The result: a more fortified external financing base than before.

  • India’s remittances around $138 billion show growing resilience
  • Advanced economies are rising as senders, surpassing Gulf contributions
  • Diversification makes inflows better able to absorb external shocks
  • Regional conflicts still create short-term uncertainty
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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