 "FPI, Foreign portfolio investment")
Foreign portfolio investor (FPI) investments are on the rise, driven by stronger economic growth projections for India, a buoyant initial public offering (IPO) market, and the country’s inclusion in global indices.
Net investments by FPIs reached a five-quarter high, with a net inflow of over $11 billion as of September 26 in the July-September quarter (Q3) of calendar year (CY) 2024.
Both debt and equity inflows have been increasing. FPIs invested $18.9 billion on a rolling four-quarter basis in Indian equities and $19.8 billion in debt during this period (Chart 1).
As of March 2024, nearly
