[ad_1]
NEW DELHI: Foreign direct investment (FDI) into India declined 34% to $10.94 billion during April-June period this fiscal year, according to government data.
FDI inflows stood at $16.59 billion during April-June 2022-23, the data from Department for Promotion of Industry and Internal Trade (DPIIT) showed.
According to the data, FDI dipped from countries including Mauritius, Singapore, the US and the UAE during April-June 2023-24.
Inflows dipped in segments including computer hardware and software, trading, automobile and pharma.
FDI inflows stood at $16.59 billion during April-June 2022-23, the data from Department for Promotion of Industry and Internal Trade (DPIIT) showed.
According to the data, FDI dipped from countries including Mauritius, Singapore, the US and the UAE during April-June 2023-24.
Inflows dipped in segments including computer hardware and software, trading, automobile and pharma.
[ad_2]
Source link
More Stories
India’S Growth Forecast: S&P ups India’s FY’24 growth forecast to 6.4% on robust domestic momentum
India to remain fastest-growing major economy, but demand uneven: Poll
Jack Ma: Jack Ma gets back into business with ‘Ma’s Kitchen Food’