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FDI inflows into India up 45% YoY to $29.79 bn in H1 FY25

04 Dec '24
2 min read
FDI inflows into India up 45% YoY to $29.79 bn in H1 FY25
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Foreign direct investment in India increased by 45 per cent year on year (YoY) to $29.79 billion in the first two quarters (April-September) in fiscal 2024-25 (FY25), according to data from the department for promotion of industry and internal trade (DPIIT).

FDI inflows were worth $20.5 billion in the same period in the last fiscal.

In the second quarter (Q2) this fiscal, the inflows grew by about 43 per cent YoY to $13.6 billion. In Q1 FY25, such inflows were up by 47.8 per cent YoY to $16.17 billion.

Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent YoY to $42.1 billion during the first half (H1) this fiscal.

FDI equity inflows in H1 FY25 rose from major countries, including from Mauritius ($5.34 billion against $2.95 billion in H1 FY24), Singapore ($7.53 billion against $5.22 billion in H1 FY24), the United States ($2.57 billion against $2 billion in H1 FY24), the Netherlands ($3.58 billion against $1.92 billion in H1 FY24), the United Arab Emirates ($3.47 billion against $1.1 billion in H1 FY24), Cayman Islands ($235 million against $145 million in H1 FY24) and Cyprus ($808 million against $35 million in H1 FY24).

However, such inflows declined from Japan and the United Kingdom.

FDI inflows in non-conventional energy stood at $2 billion.

Maharashtra received the highest FDI inflow of $13.55 billion during H1 FY25, followed by Karnataka ($3.54 billion), Telangana ($1.54 billion) and Gujarat (about $4 billion).

Fibre2Fashion News Desk (DS)