India`s net FDI rises $5.5 billion during April-July period of FY25: RBI
The Reserve Bank of India’s (RBI) in its latest data has indicated that India's net foreign direct investment (FDI) rose to $5.5 billion during the April-July period of the current financial year (FY25) as compared to $3.8 billion in the same period last year. The gross inward FDI grew by 23.6 per cent year-on-year to $27.7 billion during the April-July period from $22.4 billion in the same period last year.
As per the data, repatriation and divestment by foreign investors in India increased to $15.9 billion in the first four months of FY25 as compared to $14.7 billion in the year-ago period. With more than three-fourths of the flows, the major source countries were Singapore, Mauritius, the Netherlands, the US, Belgium and Japan. Non-resident deposits recorded net inflows of $5.8 billion during April-July 2024 as compared with $3 billion a year ago, with higher inflows in all three accounts. Manufacturing, financial services, communication services, computer services, electricity, and other energy sectors accounted for more than three-fourths of the gross FDI inflows.
It further said net FDI flow dropped sharply to $9.8 billion in FY24 from $28 billion in the previous year. In FY22, net FDI flows into the country were $38.6 billion. Net foreign portfolio investment (FPI) was to the tune of $4.3 billion during August, the third consecutive month of net inflows.
