Indian market currently remains the most favorite spot for the world. A major reason behind this is the increasing demand for all types of products in the Indian market. According to government data, due to good investment in service, computer, telecom and pharma sectors, Foreign Direct Investment (FDI) in India has increased by 45 percent on an annual basis 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.
What does the report say?
Inflows in the July-September quarter increased by nearly 43 percent year-on-year to $13.6 billion as compared to $9.52 billion in the same quarter of the last financial year. 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.
From which countries did the most money come to India?
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, inflows from Japan and Britain declined. Sector-wise, investment increased in services, computer software and hardware, trading, telecommunications, automobile, pharma and chemicals 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. The data showed that during April-September 2024-25, Maharashtra received the maximum investment of $13.55 billion. This was followed by Karnataka ($3.54 billion), Telangana ($1.54 billion) and Gujarat (about four billion dollars).