FDI inflows increase 45% to $29.79 billion during Apr-Sep quarter
02-Dec-2024
Foreign direct investment in India rose by 45 per cent year-on-year to $29.79 billion in April-September this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data.
FDI inflows were at $20.5 billion in April-September 2023-24.
In the July-September quarter, the inflows grew by about 43 per cent year-on-year to $13.6 billion against $9.52 billion in the same quarter last fiscal.
The foreign direct investment in India was up 47.8 per cent to $16.17 billion in the April-June quarter.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent to $42.1 billion during the first half of this fiscal from $33.12 billion in April-September 2023-24, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed.
News Source:- https://www.business-standard.com/finance/news/fdi-inflows-increase-45-to-29-79-billion-during-apr-sep-quarter-124120100419_1.html
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