FDI: The highest FDI of about 25 percent has come from the Mauritius route.
FDI: The highest FDI of about 25 percent has come from the Mauritius route. Others with a market share were Singapore (24 per cent), the US (10 per cent), the Netherlands (7 per cent), Japan (6 per cent), the UK (5 per cent), the UAE (3 per cent) and the Cayman Islands, Germany and Cyprus.
FDI in India: Foreign investors are constantly getting attracted in India, this is clear from the FDI figures. This is the reason why the Foreign Direct Investment (FDI) figure in the country crossed US $ 1,000 billion during April 2000 to September 2024. This is a recognition of the country's reputation as a safe and prominent investment destination at the global level. According to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), total FDI inflows including equity, reinvested earnings and other capital stood at USD 1,033.40 billion.
Where did the investment come from?
It is clear from these figures that India has been recognized as a safe and major investment destination worldwide. According to the data, the highest FDI of about 25 percent has come from Mauritius route. Others with a market share were Singapore (24 per cent), the US (10 per cent), the Netherlands (7 per cent), Japan (6 per cent), the UK (5 per cent), the UAE (3 per cent) and the Cayman Islands, Germany and Cyprus. According to the data, India received USD 177.18 billion from Mauritius, USD 167.47 billion from Singapore and USD 67.8 billion from the US during the period under review.
How much foreign investment has come into which sector?
Most of the investments came in the service sector, computer software and hardware, telecom, business, construction development, automobile, chemical and pharmaceutical sectors. According to the Ministry of Commerce and Industry, since 2014, India has received total FDI of USD 667.4 billion (2014-24), an increase of 119 per cent over the previous decade (2004-14). In the past decade (2014-24), FDI equity inflows in the manufacturing sector reached USD 165.1 billion, an increase of 69 per cent over the previous decade (2004-14).
In
most sectors, FDI is allowed through the automatic route. But for the telecom, media, pharmaceuticals and insurance sectors, foreign investors need government approval. Under the government-approved route, a foreign investor has to take prior permission from the concerned ministry or department, while under the automatic route, a foreign investor only has to give information to the RBI after making the investment. Currently, FDI is not allowed in certain sectors. These areas include lotteries, gambling and betting, chit funds, Nidhi Company, real estate business and making cigarettes, cigarettes and cigarillos using tobacco.