News Brief
FDI Inflows Into India Surpass $1 Trillion Mark; Mauritius, Singapore Lead With 49 Per Cent Share
US dollar bills (Unsplash/Sharon McCutcheon)
India has surpassed the $1 trillion mark in foreign direct investment (FDI) inflows in the April 2000-September 2024 period.
This milestone underscores the nation's status as a prominent and secure global investment hub.
As per the Department for Promotion of Industry and Internal Trade (DPIIT) data, the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at USD 1,033.40 billion during the said period.
Mauritius accounted for 25 per cent of India’s total FDI inflows, making it the largest source of investment.
Following this, Singapore contributed 24 per cent, the US 10 per cent, the Netherlands 7 per cent, Japan 6 per cent, the UK 5 per cent, and the UAE 3 per cent.
Additionally, investments from the Cayman Islands, Germany, and Cyprus accounted for 2 per cent each.
Leading sectors attracting significant investment include services segment, computer software and hardware, telecommunications, trading, construction development, automobiles, chemicals, and pharmaceuticals.
From 2014 to 2024, India recorded cumulative FDI inflows of $667.4 billion, reflecting a 119 per cent increase compared to the previous decade (2004-14), according to the Commerce and Industry Ministry.
These investments have spread across 31 states and 57 sectors, with most industries, excluding strategically important ones, are open for 100 per cent FDI under the automatic route.
FDI equity inflows into the manufacturing sector over the past decade (2014-24) reached USD 165.1 billion, marking a 69 per cent increase over the previous decade (2004-14), which saw inflows of USD 97.7 billion, news agency PTI reported citing an official.
The government continuously reviews its FDI policies, incorporating feedback from stakeholders to maintain India's appeal as an investor-friendly destination.
