Key Points
India's foreign direct equity investments during fiscal year 2022-23 were $46.03 billion, down 21.67% from the previous year, according to the Department for Promotion of Industry and Internal Trade..
Foreign direct equity investments into India in fiscal 2023 shrank 21.67% from the previous year to $46.03 billion, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) showed Monday.. The FDI equity inflows were $58.77 in 2021-22...
In the January-March quarter, the inflows were $9.28 billion, around 41% lower than the year-earlier period's $15.59 billion..
Total FDI inflows - including fresh FDI equity inflows, reinvested earnings and other capital - contracted 29.6% to $15.49 billion in the fiscal fourth quarter as against $22.03 billion in the corresponding period last year...
India had gained one notch to emerge the seventh highest FDI recipient in calendar 2021 despite inflows shrinking about 30% to $45 billion from $64 billion in 2020, according to the United Nations Conference on Trade and Development..
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