India's FDI Surge: A Deep Dive into the Latest Numbers
Foreign Direct Investment in India increased by 15% to USD 18.62 billion during April-June this year. The US, the leading source, tripled its investment to USD 5.61 billion. Significant inflows were seen in sectors like software, hardware, and services, with Karnataka receiving the highest regional investment.
- Country:
- India
According to recent government data, Foreign Direct Investment (FDI) in India has surged by 15% to reach USD 18.62 billion during the April-June period of this fiscal year. Notably, investment from the United States almost tripled, standing at USD 5.61 billion, despite ongoing tariff issues.
This quarter's total FDI, which includes equity inflows and reinvested earnings, was recorded at USD 25.2 billion, showcasing a growth from the USD 22.5 billion seen in the same timeframe the previous year. Major investing countries included Singapore, Mauritius, and Cyprus.
Sectoral analysis reveals that computer software and hardware sectors attracted the most investment, valued at USD 5.4 billion. Furthermore, Karnataka topped the list of regions with the highest FDI influx of USD 5.69 billion during this period.
(With inputs from agencies.)
- READ MORE ON:
- FDI
- India
- investment
- US
- foreign direct investment
- software
- hardware
- economy
- Karnataka
- sectoral inflow
ALSO READ
GST dept coordinating with industry to upgrade software for smooth, glitch-free rollout of overhauled tax structure: CBIC chief.
The Future of Efficiency: How Manufacturing Process Software Is Reshaping Industry
Revamping Software Sales: The SoftwareFloor Revolution
Selfie Software Sparks Social Media Ban Concerns in Australia
Google News