Foreign direct investment (FDI) into India dropped by 24.5 per cent year-over-year to $9.34 billion in the quarter ended March 2024-25. Concurrently, it also increased by 13 per cent to $50 billion over the entire past financial year. The official statistics were validated in data released on Tuesday.
Foreign Direct Investment inflow was at US$12.38 billion in the first quarter of 2023-24. It was $44.42 billion in 2023-24. FDI inflow dipped 5.6 per cent over the year to $10.9 billion in the third quarter of 2024-25, owing to uncertainties in the world economy.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew 14 per cent to $81.04 billion during the last fiscal. This is the highest in the last three years. It was $71.3 billion in 2023-24.