India Sees 45% Surge in FDI to $29.79 Billion in April-Sept

Foreign Direct Investment (FDI) inflows into India jumped by a healthy 45 per cent to $29.79 billion in April-September of the current financial year against $20.5 billion in the same period of 2023-24, according to figures compiled by the Department for Promotion of Industry and Internal Trade.

The primary industries of the economy that benefited from FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals.

More investments and increased jobs within the economy are attributed to FDI inflow with superior technology.

Foreign direct investment in services increases to $5.69 billion for the first half of the ongoing financial year compared to $3.85 billion during the same period last year.

The data also show that FDI inflows in non-conventional energy were $2 billion.

The country saw a 43 per cent rise in FDI inflows during the July-September quarter at $13.6 billion this financial year compared to $9.52 billion in the same quarter of 2023-24.

In the previous April-June quarter, the country had seen a 47.8 percent rise at $16.17 billion.

Total FDI inflows, which include equity investments, reinvested earnings and other capital, rose by 28 percent to $42.1 billion in the first half of the current fiscal year compared with $33.12 billion in April-September 2023-24.

State-wise, the figures show that Maharashtra received the highest inflow of 13.55 billion during April-September 2024-25.

It was followed by Karnataka ($3.54 billion), Telangana ($1.54 billion) and Gujarat (about $4 billion).

The countries from where the FDI equity inflows were recorded during April-Sept of the current financial year include Mauritius ($7.53 billion against $5.22 billion), the US ($2.57 billion against $2 billion), the Netherlands ($3.58 billion against $1.92 billion), the UAE ($3.47 billion against $1.1 billion), Cayman Islands ($235 million against $145 million) and Cyprus ($808 million against $35 million).