Home / Finance / Analysis / FDI equity inflow contracts 15% to $36.7 billion in Apr-Dec: Govt data

FDI equity inflow contracts 15% to $36.7 billion in Apr-Dec: Govt data

Computer software and hardware manufacturing were the highest recipient of FDI at $8.07 billion

Premium

Among states, Maharashtra continued to be the most favoured destination of investors, receiving $10.76 billion

2 min read Last Updated : Feb 22 2023 | 11:22 PM IST

Foreign direct investment (FDI) in equity during the first three quarters of this fiscal year declined 15 per cent year-on-year to $36.75 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday.

In all, FDI, which includes the equity capital of unincorporated bodies, reinvest earnings, and other capital, stood at $55 billion during April-December from $60.4 billion a year ago, an 8 per cent fall. FDI inflows have been declining since the beginning of the year due to challenges in the external sector such as recessionary trends in major developed economies.

During the

Topics : FDI FDI equity inflows DPIIT Singapore

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in