Summary:
Between April and August 2024, India's net foreign direct investment (FDI) more than doubled, rising from $3.26 billion to $6.62 billion. Gross inward FDI increased to $36.1 billion, up from $27.4 billion last year, with two-thirds directed towards the manufacturing, financial services, communication, and energy sectors. Significant investors include Singapore, Mauritius, the UAE, the Netherlands, and the United States. Repatriation and disinvestment totaled $20.76 billion.
The "State of Economy" report predicts a positive medium-term economic outlook for India, driven by reforms, infrastructure improvements, and advancements in sustainable technologies, which are expected to boost growth and attract additional foreign direct investment, particularly in manufacturing.
Source: IBEF
Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.