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.
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.
ALCHEMPro News Desk (DS)
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