After the bad GDP figures, the country’s economy has received some good news. The recent GST collection figures are living proof of this. On the other hand, FDI data has also provided great relief to both the economy and the central government. In the first 6 months of the current financial year, FDI has seen 45 percent more than the same period last year. Which can be considered a good record. If we talk about the states, then the names of Maharashtra, Karnataka, Telangana and Gujarat are seen at the top among the recipients of maximum FDI. Let us also tell you what kind of figures have come out regarding FDI.
Total FDI figures
According to government data, due to good investment in service, computer, telecom and pharma sectors, foreign direct investment (FDI) in India increased by 45 percent year-on-year to $ 29.79 billion in the April-September period of the current financial year. FDI inflow in the same period of the last financial year was $20.5 billion. In the July-September quarter, inflows increased by nearly 43 per cent year-on-year to $13.6 billion as against $9.52 billion in the same quarter last fiscal. Foreign direct investment in India increased by 47.8 percent to $ 16.17 billion in the April-June quarter. Data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed that total FDI, which includes equity inflows, reinvested earnings and other capital, increased by 28 per cent to $42.1 billion during the first half of the current fiscal year, ending April. -It was 33.12 billion dollars in September 2023-24.
How much FDI came from which country?
During the April-September period in the current financial year, FDI equity inflows from major countries increased. These include Mauritius ($5.34 billion against $2.95 billion), Singapore ($7.53 billion against $5.22 billion), America ($2.57 billion against $2 billion), Netherlands ($3.58 billion against $1.92 billion), UAE. ($3.47 billion against $1.1 billion), Cayman Islands ($235 million against $145 million) and Cyprus ($808 million against $35 million). However, flows from Japan and Britain declined.
These sectors enjoyed
If we talk about those sectors where maximum FDI flow has been seen, the service sector is at the top among them. On the other hand, FDI investment has increased in computer software and hardware, trading, telecom, vehicle, pharma and chemical sectors. FDI in services has increased to $5.69 billion during the first half of the current financial year, whereas it was $3.85 billion in the same period last year. According to the data, FDI inflow in non-conventional energy stood at two billion dollars.
Which state got the highest FDI
Maharashtra remains the country’s largest GDP number in terms of receiving FDI investment. After that comes the rest of the states. The data showed that during April-September 2024-25, Maharashtra received the maximum investment of $13.55 billion. On the other hand, there are two big states of South India. In which Karnataka and Telangana are named. Where Karnataka has received investment of 3.54 billion dollars. On the other hand, Telangana has received investment of $ 1.54 billion in the first half of the financial year. If we talk about Gujarat, it has received investment of about four billion dollars in the first half.