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India’s Record $129 Billion Remittance Year – and What It Says About Gulf Migration

September 9th, 2026

India's remittance inflows hit a record $129.4 billion in 2024, cementing the country's position as the world's top remittance recipient. Globally, remittance flows to low- and middle-income countries reached $685 billion last year - larger than foreign direct investment and official development aid combined. Behind those numbers is a story the Gulf knows well: millions of Indian workers, from Kerala...
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