Foreign direct investment (FDI) equity inflows into India rose 43.1% on-year to $13.6 billion in July-September this fiscal, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed.
FDI inflows were $9.5 billion in the year ago period. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew 29.4% on-year to $19.8 billion in the second quarter of FY25.
As per the data, August saw the highest FDI in the quarter at $6.3 billion from $2.9 billion a year ago.
FDI equity inflows had grown 47.8% on-year to $16.17 billion in April-June this fiscal.
As per the data, FDI equity inflows have risen 45% in the first half of the fiscal at $29.7 billion with Singapore being the top source of investment followed by Mauritius.
Singapore invested $7.5 billion while Mauritius invested $5.3 billion in April-September FY25.
Among sectors, maximum inflows were seen in services, computer software and hardware, and trading at $5.69 billion, $4.19 billion and $2.72 billion, respectively in April-September 2024-25.
Services includes banking, financial services and insurance, outsourcing as well as R&D.
Maharashtra received the highest inflow of $13.55 billion during the first half of this fiscal. It was followed by Gujarat at $3.9 billion and Karnataka at $3.5 billion in the first half.
India aims to increase FDI inflows to $100 billion a year from $70-80 billion annually in line with its focus on Make in India.
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