look news india
Data from the Reserve Bank of India (RBI) showed that net foreign direct investment (FDI) into India increased in the months of April to July this year.
With this increase, the net FDI figure in India reached $ 5.5 billion. This figure was $ 3.8 billion in the same period last year. This increase was due to the improvement in gross inward FDI. Which increased by 23.6 percent annually. This figure was $ 27.7 billion in the first four months of the financial year 2024-25.
According to RBI data, repatriation and disinvestment of direct investors in India increased to $15.9 billion. This figure is for the first four months of the current financial year. Earlier, in the same period last year, this figure was at the level of $14.7 billion. Manufacturing, financial services, communication services, computer services, power and other energy sectors accounted for 75 percent of the total FDI inflow. RBI's State of the Economy report said that Singapore, Mauritius, Netherlands, US, Belgium, Japan were on top in terms of FDI with 75 percent.
Net FDI inflows saw a sharp decline to $9.8 billion in the financial year 2023-24. Last year this figure was $28 billion. In the financial year 2021-22, the figure of net FDI inflows in India was $38.6 billion.