fdi-inflows-increase-23-6-to-27-7-billion-in-four-months

Economy

FDI inflows increase 23.6% to $27.7 billion in four months

India's net foreign direct investment (FDI) increased to $5.5 billion during the April-July period of FY25, up from $3.8 billion a year earlier, driven by a 23.6 per cent year-on-year rise in gross inward FDI to $27.7 billion, according to the Reserve Bank of India.

News Arena Network - New Delhi - UPDATED: September 21, 2024, 08:21 AM - 2 min read

Repatriation and divestment from direct investments in India rose to $15.9 billion in the first four months of the financial year, up from $14.7 billion a year earlier, according to RBI data.

India's net foreign direct investment (FDI) rose to $5.5 billion during the April-July period of the current financial year (FY25), up from $3.8 billion in the same period last year, according to a recent Reserve Bank of India (RBI) report.

This increase is attributed to a 23.6 per cent year-on-year growth in gross inward FDI, which reached $27.7 billion over the four months. Repatriation and divestment by foreign investors also rose, amounting to $15.9 billion compared to $14.7 billion in the previous year.

Sectors such as manufacturing, financial services, communication services, computer services, and energy accounted for more than three-fourths of the gross FDI inflows. Major source countries included Singapore, Mauritius, the Netherlands, the US, Belgium, and Japan.

Net FDI flows had previously declined sharply to $9.8 billion in FY24, down from $28 billion the year before, and $38.6 billion in FY22.

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fdi-inflows-increase-23-6-to-27-7-billion-in-four-months