Politics · India Bureau
India's FDI inflows climb 6% to $19.81bn in April-June quarter
Foreign direct investment into India expanded 6 per cent year-on-year to $19.81 billion during the April-June quarter of the current fiscal, according to official data. Singapore, Mauritius and the United States emerged as the leading sources of capital inflows.
LSN India ·
India attracted $19.81 billion in foreign direct investment during the three-month period ending June, up from $18.62 billion in the corresponding quarter of the previous fiscal year, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
The 6 per cent increase reflects continued investor confidence in India's economic fundamentals and growth prospects despite global macroeconomic headwinds. The country's gross domestic product expansion, large consumer base and robust regulatory frameworks have sustained foreign investor interest across multiple sectors.
Singapore, Mauritius and the United States were the primary sources of FDI during the quarter, accounting for a significant portion of total inflows. These traditional investment hubs have maintained their position as key contributors to India's capital inflows, channelling funds across sectors including information technology, pharmaceuticals, manufacturing and telecommunications.
The April-June performance marks a steady trajectory for FDI into India as the nation seeks to position itself as an attractive destination for global capital amid shifting geopolitical and economic dynamics in Asia. Policymakers have highlighted infrastructure development, skill enhancement and sector-specific incentives as drivers for sustained foreign investment momentum in coming quarters.