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Searched Tag: foreign direct investment fdi

Maharashtra leads India’s FDI, beats Karnataka, Delhi

September 6, 2024, 02:59 PM - 3 min read

Maharashtra secured Rs 70,795 crore in FDI during Q1 FY2024-25, representing 52.46% of India's total foreign direct investment. This marks the second consecutive time the state has led as the top destination for foreign investment in India, according to DPIIT data.

Govt clear Singapore airlines' ₹2,058.5 Cr FDI in Air India merger

Govt clears SIA’s ₹2,058.5 Cr FDI in Air India merger

August 30, 2024, 05:36 PM - 3 min read

India has cleared Singapore Airline's Rs 2,058.5-crore foreign direct investment in Air India Group as part of merger of the nearly 10-year-old full service carrier Vistara with Air India, a deal that will create one of the world's largest airline groups.

India's electronics sector, heavily reliant on imported components, faces mounting challenges due to high import tariffs and restrictions on Chinese investments, according to industry voices calling for policy revisions.

India urges reforms on Chinese FDI curbs

June 24, 2024, 08:34 AM - 2 min read

Industry leaders warn that these measures, intended as safeguards, are now impeding the growth of India's electronics sector. They assert that the Production Linked Incentive (PLI) scheme, introduced in 2020 to encourage large-scale manufacturing by offsetting cost disadvantages, may no longer suffice due to the "tariff-induced cost" affecting competitiveness against countries like China and Vietnam.

Maharashtra, Karnataka, Delhi lead India's FDI to UK: Report

Maha, K’taka, Delhi lead India's FDI to UK: Report

June 8, 2024, 03:46 PM - 2 min read

The CII and Indian High Commission report revealed Maharashtra, Karnataka, and Delhi as top contributors of FDI to the UK, emphasising Indian companies' positive impact on the economy, job creation, and cultural diversity, while also highlighting India's position as the UK's second-largest source market.

FDI inflows in FY24 dip by 3% to USD 44 billion

May 30, 2024, 02:13 PM - 2 min read

FDI equity inflows in India fell by 3.49% to USD 44.42 billion in 2023-24, yet experienced a 33.4% rise to USD 12.38 billion in January-March FY24 compared to the previous year.

India's FDI inflows dropped by 13% to USD 32.03 billion in April-December 2023 due to reduced investments in computer hardware and software, telecom, auto, and pharma sectors, as per recent government data

FDI inflows decline 13% to $32 billion in April-December 2023

February 29, 2024, 11:21 AM - 2 min read

The total FDI, which includes equity inflows, reinvested earnings and other capital declined by about 7 per cent to USD 51.5 billion during the period under review against USD 55.27 billion in April-December 2022, the data from DPIIT revealed.

The Union Cabinet has allowed 100% foreign direct investment (FDI) in the space sector in a bid to attract potential investors to invest in Indian space companies.

Govt allows 100% FDI in space sector

February 22, 2024, 12:43 PM - 2 min read

The Ministry of Commerce and Industry stated that, "The increased private sector involvement will stimulate job creation, facilitate technology transfer, and fortify India's position in the global space economy, It is anticipated that the policy reforms will incentivize companies to establish manufacturing facilities within the country, aligning with the government's 'Make In India' and 'Atmanirbhar Bharat' initiatives"