According to the latest data from the Reserve Bank of India (RBI), net foreign direct investment (FDI) in India surged to $6.9 billion during the April-June quarter of FY25, compared to $4.7 billion in the same period last year. This increase was driven by a significant rise in gross inward FDI, which grew by 26.4% year-on-year (Y-o-Y) to reach $22.5 billion. Key sectors such as manufacturing, financial services, communication services, computer services, and energy accounted for about 80% of the total inflows.
Sectoral Contribution:
The primary sectors contributing to the rise in gross FDI inflows included manufacturing, financial services, communication services, computer services, and electricity and other energy sectors, which collectively made up about 80% of the total inflows.
Major Source Countries:
Approximately 75% of the FDI flows originated from five key countries: Singapore, Mauritius, the Netherlands, the US, and Belgium.
Year-on-Year Growth:
The first quarter of FY25 saw a significant improvement in net FDI, rising to $6.9 billion from $4.7 billion in Q1 FY24, largely due to increased gross inward FDI.
Annual Decline in Net FDI:
Despite the quarterly rise, net FDI for FY24 dropped sharply to $9.8 billion, down from $28 billion in the previous year, and significantly lower than the $38.6 billion recorded in FY22.
The National Human Rights Commission of India (NHRC) is a statutory body established on 12…
Sleep is vital for maintaining good health, and the amount of sleep people get can…
India is on track to become the third largest economy by fiscal 2030-31, driven by…
T. S. Kanaka, or Thanjavur Santhanakrishna Kanaka, holds a distinguished place in medical history as…
The Central government has allocated Rs 12,554 crore to various states this year for relief…
The Union Cabinet has approved the Chandrayaan-4 mission, which aims to develop technologies for returning…