Key Points
Foreign direct investment (FDI) equity inflows in the July-September quarter of FY24 shrank 7.7% to $9.5 billion, data released by Department for Promotion of Industry and Internal Trade (DPIIT) showed...
The total FDI, which includes equity inflows, reinvested earnings and other capita, into India declined 7.8% on-year to $15.3 billion during second quarter of this fiscal year from $16.6 billion a year ago...
As per the data, the equity inflows fell 24% on-year in the first half of FY24 at $20.4 billion with Singapore being the top source followed by Mauritius...
Maharashtra received the highest inflow of $7.9 billion in April-September 2023-24, from $8 billion a year ago followed by Karnataka where the inflows fell to $2.8 billion from $5.3 billion..
India and Asean were the most buoyant recipients of foreign direct investment with a growth of 10% and 5% respectively in 2022, according to the United Nations Conference on Trade and Development.. Globally, FDI declined 12% to $1.3 trillion in 2022 after a strong rebound in 2021 following the steep drop due to the Covid-19 pandemic...
