<h1>India's External Debt Reaches $475.8 Billion in March 2015, Driven by Long-Term Borrowings and NRI Deposits.</h1> India's external debt at the end of March 2015 was $475.8 billion, marking a 6.6% increase from the previous year, primarily due to rises in long-term debt, particularly commercial borrowings and NRI deposits. Long-term debt accounted for 82.2% of the total, while short-term debt decreased by 7.6%, making up 17.8% of the total. Government external debt was $89.7 billion, representing 18.9% of the total. The external debt-to-GDP ratio was 23.8%, indicating manageable levels. Compared to other developing countries, India's debt indicators, such as debt to GNI and debt service ratios, remain favorable.