India's FDI Inflows Exceed $1 Trillion Mark in Four Years
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New Delhi, Dec 9 (NationPress) Foreign Direct Investment (FDI) inflows into India have remarkably risen to the $1,033.40 billion milestone for the period spanning from April 2000 to September 2024. This growth underscores the escalating investment prospects within the country’s swiftly advancing economy, according to statistics gathered by the Department for Promotion of Industry and Internal Trade (DPIIT).
The primary sectors benefiting from these FDI inflows include automobile, computer software, IT hardware, telecom, pharmaceuticals, chemicals, and various services. Additionally, the data highlights a significant increase in FDI within the emerging non-conventional energy sector.
Such FDI inflows stimulate enhanced investments and job creation in the economy, while also introducing cutting-edge technology that boosts productivity levels and fuels economic growth.
A senior official noted that the government has improved the ease of doing business and implemented a range of incentives, including the PLI scheme, which have significantly contributed to the acceleration of FDI into the nation.
The momentum of FDI continues into the current financial year, showcasing a robust 45 percent increase to 29.79 billion USD from April to September, compared to 20.5 billion USD in the same timeframe during 2023-24, as indicated by DPIIT data.
In the services sector, FDI has risen to USD 5.69 billion in the first half of the current financial year, compared to USD 3.85 billion during the equivalent period last year.
A detailed analysis of state-wise figures reveals that Maharashtra attracted the highest FDI inflow of 13.55 billion USD between April and September 2024-25, followed by Karnataka with 3.54 billion USD, Telangana at 1.54 billion USD, and Gujarat nearing 4 billion USD.
FDI inflows for the quarter from July to September surged by 43 percent to 13.6 billion USD this financial year, compared to 9.52 billion USD in the same quarter of 2023-24.
In the preceding quarter from April to June, the country witnessed an increase of 47.8 percent, reaching 16.17 billion USD.
