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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 

 

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