Total FDI inflows into India in Apr-Dec 2024 worth $62.4 bn: DPIIT

The total foreign direct investment (FDI) inflows between April and December last year, including fresh equity, reinvested earnings and other capital, were worth $62.4 billion against $51.5 billion in the same period of 2023, according to statistics released by the department for promotion of industry and internal trade (DPIIT).

FDI equity inflows into India dropped by 6 per cent year on year (YoY) to $10.8 billion in the fourth quarter (Q4) last year.

The data implies more investor-friendly steps, including structural changes, may be needed to boost FDI, especially in the manufacturing sector.

The total FDI inflows between April and December last year, including fresh equity, reinvested earnings and other capital, were worth $62.4 billion against $51.5 billion in the same period of 2023, according to government statistics.
FDI equity inflows into India dropped by 6 per cent YoY to $10.8 billion in Q4 2024.
The biggest sources of FDI during Q4 2024 were Singapore, Mauritius and the US.

India had set an annual FDI target of $100 billion. FDI equity inflows in Q3 2024 stood at $13.6 billion and in Q2 at $16.1 billion; between April and December, these were up by 27 per cent YoY to $40.6 billion.

The biggest sources of FDI during Q4 2024 were Singapore at $4.4 billion, Mauritius at $1.6 billion and the United States at $1.1 billion.

During the April-December 2024-25, FDI equity inflows rose from major countries, including Singapore $12 billion against $7.44 billion), the US ($3.73 billion against $2.83 billion), the Netherlands ($4 billion against USD $billion), the UAE ($4.14 billion against $2.43 billion), Cayman Islands ($296 million against $215 million) and Cyprus ($1.18 billion against $796 million). However, inflows declined from Mauritius, Japan, the United Kingdom and Germany.

Fibre2Fashion News Desk (DS)

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