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

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 Times
