Categories: Economy

India FDI Inflow in FY 2023: Latest Data Analysis on Investment Landscape

Introduction:

  • India remains a bright spot in the world economy despite a decrease in FDI due to global headwinds.
  • India’s growth factors include a large labor market, enabling policies, and an expanding digital economy.

FDI Inflows in FY 2023:

  • India received its highest-ever FDI inflow of US$83.57 billion in the fiscal year 2021-2022.
  • However, FY 2023 saw a drop in FDI inflows due to global uncertainties.
  • Total FDI inflows in FY 2023 amounted to US$70.97 billion.

Top FDI Recipient Sectors in FY 2023:

  • Computer software and hardware sector attracted the highest FDI inflows of US$9.39 billion.
  • Services sector received significant investments of US$8.70 billion.
  • Other sectors that received notable FDI include trading, drugs and pharmaceuticals, automobile industry, chemicals, and construction (infrastructure) activities.

Top Investor Countries in FY 2023:

  • Singapore accounted for the highest inward FDI in India at US$17.20 billion.
  • Other top investor countries include Mauritius, the US, UAE, and the Netherlands.
  • UK, Japan, Cyprus, Cayman Islands, and Germany also made significant FDI equity inflows.

Leading Indian States Attracting FDI in FY 2023:

  • Maharashtra emerged as the top recipient of FDI with a total of US$14.80 billion.
  • Karnataka followed with US$10.42 billion, while Delhi and Gujarat attracted US$7.53 billion and US$4.71 billion, respectively.

Here is the data summarized in a table format:

Sector FDI Inflows (in USD billions)
Computer software and hardware 9.39
Services sector 8.70
Trading 4.79
Drugs and pharmaceuticals 2.05
Automobile industry 1.90
Chemicals 1.85
Construction (infrastructure) activities 1.70

 

Investor Country FDI Inflows (in USD billions)
Singapore 17.20
Mauritius 6.13
United States 6.04
United Arab Emirates 3.35
Netherlands 2.49

 

Indian States FDI Inflows (in USD billions)
Maharashtra 14.80
Karnataka 10.42
Delhi 7.53
Gujarat 4.71

 

Find More News on Economy Here

 

Piyush Shukla

Recent Posts

How many Cricket Players are retained in IPL 2025?

The excitement for IPL 2025 is building as the 10 franchises reveal their player retentions…

14 hours ago

States and Capitals of India, List of 28 States and 8 UT’s 2024

India is a vast country in South Asia, the 7th largest by land area. It…

14 hours ago

Which States Launched Double-Decker Electric Buses?

As cities work to reduce pollution and ease traffic, using electric vehicles like buses is…

15 hours ago

Russia’s Pantsir System A Strategic Addition to India’s Defence Arsenal

India and Russia have reached a significant agreement to jointly manufacture the Pantsir air defence…

15 hours ago

IIT Madras, ISRO Collaborate on Spacecraft Thermal Research Centre

The Indian Institute of Technology Madras (IIT Madras) is teaming up with the Indian Space…

16 hours ago

Supreme Court Overturns 1967 Ruling on AMU’s Minority Status

In a historic 4-3 decision on November 8, 2024, the Supreme Court overturned its 1967…

16 hours ago