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Thursday, July 18, 2024

Inflows Of FDI Equity Fall 34% To $10.94 Billion From April To June 2023

<p>According to official figures, FDI into India decreased 34% to $10.94 billion between April and June of current fiscal year.</p>
<p>According to statistics from the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflows totaled $16.59 billion during April through June 2022–23.<img decoding=”async” class=”alignnone wp-image-149134″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-download-84-8.jpg” alt=”theindiaprint.com download 84 8″ width=”1232″ height=”690″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-download-84-8.jpg 300w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-download-84-8-150×84.jpg 150w” sizes=”(max-width: 1232px) 100vw, 1232px” title=”Inflows Of FDI Equity Fall 34% To $10.94 Billion From April To June 2023 30″></p>
<p>According to the statistics, FDI from nations including Mauritius, Singapore, the US, and the UAE decreased between April and June 2023–24.</p>
<p>Inflows decreased in a number of industries, including trade, car, pharma, and computer hardware and software.</p>
<p>Maharashtra was the leading destination for FDI among Indian states, followed by Karnataka, Gujarat, and Delhi. Despite FDI inflows declining by over 30% to $45 billion from $64 billion in 2020, India has moved up one spot to claim the seventh-highest receiver ranking in calendar 2021, according to the United Nations Conference on Trade and Development. In 2021, global FDI flows reached approximately $1.6 trillion, returning to pre-pandemic levels.</p>
<p>Inflows of foreign direct investment into India reached an all-time high of $83.57 billion in the fiscal year 2021–22. In contrast to the largest annual FDI influx of $83.57 billion recorded for the financial year 2021–22, which surpassed previous year’s FDI by $1.60 billion despite the military action in Ukraine and COVID-19 pandemic, FDI inflow to India in 2014–2015 was just 45.15 USD billion. When compared to FY 2020–21 ($12.09 billion), FDI equity inflow in manufacturing sectors grew by 76% in FY 2021–22 ($21.34 billion).</p>
<p>According to the Department for Promotion of Industry and Internal Trade, India made $46.03 billion in foreign direct equity investments for the fiscal year 2022–2023—a 21.67% decrease from the prior year.</p>

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