India Sees a 45% Rise in FDI to $29.79 Billion Between April and September
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New Delhi, Dec 2 (NationPress) Foreign Direct Investment (FDI) inflows into India have seen a significant rise of 45 percent, totaling $29.79 billion for the period of April to September in the current financial year. This marks an increase from $20.5 billion during the corresponding period in 2023-24, according to data collected by the Department for Promotion of Industry and Internal Trade (DPIIT).
The sectors that gained the most from this inflow of FDI include services, automobile, computer software, IT hardware, telecom, and pharmaceuticals and chemicals.
Increased FDI leads to enhanced investments, job creation, and improved technology within the economy.
In the services sector alone, FDI has risen to $5.69 billion in the first half of the current financial year, compared to $3.85 billion in the same timeframe last year.
The reports also indicate that FDI in non-conventional energy reached $2 billion.
For the July-September quarter, FDI inflows surged by 43 percent to $13.6 billion, compared to $9.52 billion in the same quarter of 2023-24.
In the preceding April-June quarter, there was a notable increase of 47.8 percent to $16.17 billion.
Overall, total FDI inflows—which comprise equity investments, reinvested earnings, and other capital—rose by 28 percent to $42.1 billion during the first half of the current fiscal year, up from $33.12 billion in April-September 2023-24.
State-wise, Maharashtra attracted the highest amount of FDI inflow, totaling $13.55 billion during April-September 2024-25.
This was followed by Karnataka with $3.54 billion, Telangana at $1.54 billion, and Gujarat with approximately $4 billion.
Countries contributing to FDI equity inflows during the April-September period of the current financial year include Mauritius ($7.53 billion vs. $5.22 billion), the US ($2.57 billion vs. $2 billion), the Netherlands ($3.58 billion vs. $1.92 billion), the UAE ($3.47 billion vs. $1.1 billion), Cayman Islands ($235 million vs. $145 million), and Cyprus ($808 million vs. $35 million).
