Summary:
According to Reserve Bank of India data, net foreign direct investment (FDI) increased to US$ 6.9 billion between April and June 2024, up from US$ 4.7 billion the previous year. This growth includes a 26.4% year-on-year rise in gross inward FDI, totaling US$ 22.5 billion for the quarter. Key industries driving this increase include manufacturing, financial services, and energy, with 75% of FDI coming from major source countries such as Singapore, Mauritius, and the United States.
Source: IBEF
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