New Delhi, June 21 -- Once a minnow, India may break into the league of top 20 countries for outbound foreign direct investment (FDI) as early as end-2019, according to a survey of investment promotion agencies (IPAs) by United Nations Conference on Trade and Investment (UNCTAD). In 2018, outward foreign investment by India was flat at $11 billion. "India and the United Arab Emirates, not traditionally in the top 20 outward investor countries, were also considered among the top 10 most important sources of FDI for the 2019 to 2021 period," UNCTAD says in its latest World Investment Report. India's FDI outflows more than doubled in 2017 to $11.3 billion, mostly led by public sector enterprise Oil and Natural Gas Corp. Ltd (ONGC), which bough...