RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners
The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. In 2020, the government issued Press Note 3 under which investors from these land bordering countries have to mandatorily take prior approval of the government for making investments in any sector. The Press Note 3 is applicable to all the land bordering countries of India in an equal manner, the sources said. The countries are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan. All FDI proposals from these nations undergo the similar process of scrutiny and examination as per standard operating procedure for the processing of investment proposals from these nations. "After issuance of this press note, no amendment has been undertaken in the FDI policy relating to investments from countries sharing land border with India," a source said. These remarks are important as certain reports have stated that the
Foreign direct investments (FDI) in the country rose to a three-year high of USD 81 billion in 2024-25 and are expected to grow further, a top government official said on Thursday. Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), said that increased investments by Indian industry in other countries demonstrate the fact that they are realising they have to grow. "They not only need to be focussed internally, they also need to acquire technology, need to secure resources and gain greater market access in other countries," he said here at a CII event. Bhatia said that the free trade agreements that India is signing will provide opportunities for all businesses. The production-linked incentive schemes for sectors like electronics are helping to boost manufacturing. He urged the industry to look beyond the uncertainties, which are short-term in nature, and rather adopt a longer-term horizon to truly capitalize on the emerging ...
Four Indian entities committed foreign direct investments worth nearly USD 6 million in Azerbaijan and Turkiye, accounting for a small part of the total USD 6.8 billion overseas investments proposed by Indian companies in April, according to the latest Reserve Bank data. India's outbound FDI increased by nearly 90 per cent annually to USD 6.8 billion in April, led by Tata Communications, Life Insurance Company and JSW Neo Energy, according to the data. India's outward foreign direct investment (FDI) stood at about USD 3.59 billion in April 2024 and USD 5.9 billion in March 2025. Among the investments, two Indian entities -- Omega Plasto Ltd and Rama Pure Water Pvt Ltd -- have committed equity investments in the 'wholesale, retail trade, restaurants and hotels' segment in Turkiye through joint ventures, as per the data released by the Reserve Bank of India (RBI) on Wednesday. Axiro Semiconductor Pvt Ltd has committed funds in Turkiye's manufacturing space through a wholly-owned ...
Maharashtra has received record FDI (foreign direct investment) inflows of the past ten years in just nine months of 2024-25, Chief Minister Devendra Fadnavis said on Friday. Fadnavis quoted the Centre's DPIIT foreign investment report for December 2024 to back his claim. As per the report, Maharashtra has crossed the highest annual foreign direct investment in the last 10 years in just 9 months of the current fiscal, he said. A total of Rs 1,39,434 crore has been received in the first 9 months of the financial year 2024-2025, he said. This is the highest foreign investment received in Maharashtra in any single year in the last 10 years, he said. According to the data compiled by DPIIT (Department for Promotion of Industry and Internal Trade) for the end of December 2024, Maharashtra tops the country in FDI inflow, followed by Karnataka and Gujarat. In doing so, the Mahayuti government has broken its own record for the financial year 2016-17. Of course, there is still one quarter
Finance Minister Sitharaman recently announced a hike in FDI limit in insurance sector from 74% to 100%
The government is looking at further easing of procedures in certain sectors to attract more foreign direct investments (FDI) into the country, a government official said. The department for promotion of industry and internal trade (DPIIT) has held stakeholder consultations with different government departments, regulators, industry associations, advisory and law firms, pension funds, private equity and venture capitals. The department sought their views on ways to further attract foreign direct investments into the country. "We have completed the consultations. The department has received suggestions on different issues. Things have not yet been finalised...Looking at easing of norms at the procedural front," the official said. However, the official did not disclose the sectors where the government is considering the procedural easing. In the consultations, issues which were raised included permitting e-commerce players to receive FDI in inventory-based models of online trade for
India, averaging over USD 4.5 billion in monthly foreign direct investment (FDI) inflows since January this year despite global uncertainties and challenges, is tipped to sustain the trend in 2025 on the back of measures by the Prime Minister Narendra Modi-government to enhance the country's investor-friendly appeal. Investor-friendly policies, strong return on investments, skilled manpower, reduced compliance burdens, decriminalising minor industry-related offences, national single window system for streamlined approvals and clearances, and production linked incentive (PLI) schemes are key measures for keeping foreign investors focused on India. Further to ensure that India remains an attractive and investor-friendly destination, the government reviews FDI policy on an ongoing basis and makes changes from time to time after having intensive consultations with stakeholders including apex industry chambers, associations, and representatives of industries. In the January-September ...
India's cumulative FDI inflows have crossed $1 trillion since 2000, with Mauritius leading the pack, followed by Singapore, highlighting the country's growing appeal as a global investment hub
Foreign direct investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at USD 1,033.40 billion during the said period. About 25 per cent of the FDI came through the Mauritius route. It was followed by Singapore (24 per cent), the US (10 per cent), the Netherlands (7 per cent), Japan (6 per cent), the UK (5 per cent), UAE (3 per cent) and Cayman Islands, Germany and Cyprus accounted for 2 per cent each. 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, as per the data. The key sectors attracting the maximum of these inflows include the services .
The pace of FDI utilisation has been slow. Among private-sector non-life insurers, no company has reached the current 74 per cent threshold
The FDI numbers reflect a substantial investment in a venture such as a foreign company setting up a factory in India
The government is considering setting up a foreign investment regulatory mechanism for post-investment review and monitoring in the country, according to sources. At present, the consideration is at the discussion level only, they added. "It has been observed that all countries do oversight on the FDI (foreign direct investment), which is coming into their country. People suggest that in India also, there should be an oversight mechanism. It's a kind of oversight on money, which is coming up in the country as FDI," one of the sources said. It can help ascertain that the FDI coming into the country is beneficial to the economy and originates from legitimate sources. India is a major destination for foreign direct investments given its 1.4 billion market, stable policies, demographic dividend, good investment returns and skilled workforce. The government has taken a series of measures to attract overseas investments like promoting ease of doing business through simplifying procedure
The state Cabinet has approved investment proposals worth Rs 44,682 crore, achieving 90 per cent of the annual target
The increase was due to an improvement in gross inward FDI, which grew by 23.6 per cent year-on-year (Y-o-Y) to $27.7 billion during the four months of FY25
With foreign direct investments (FDI) growing 47.8 per cent to USD 16.17 billion during April-June 2024, India is expected to see further acceleration in the inflow on account of a potential Fed rate cut, modest growth outlook in the US, and the country's favourable economic outlook, experts say. They also said that investment destinations have changed over the decade and have got more diversified, with capital flowing into new emerging sectors. Compared to eight years ago, power, construction, healthcare, chemicals, and non-conventional energy have now been attractive investment destinations, Rumki Majumdar, Economist, Deloitte India, said. "We foresee this trend of strong FDI to accelerate in the coming quarters. The anticipated US election results, a potential Fed rate cut, modest growth outlook in the US, and India's favourable economic outlook will likely attract global investors to India," she added. Aakash Dasgupta, Partner, IndusLaw, said that while the FDI inflow seems t
Says government aims to balance online and offline businesses, not stifle digital growth
Manufacturing, financial services, communication services, computer services, and electricity and other energy sectors accounted for about 80 per cent of the gross FDI inflows
Foreign direct investment (FDI) in India's food processing sector declined 30 per cent in the last fiscal to Rs 5,037.06 crore, according to official data. The FDI in the food processing sector stood at Rs 7,194.13 crore in 2022-23. According to the data presented by the Food Processing Industries Ministry in Lok Sabha, the FDI in food processing sector stood at Rs 5,290.27 crore in 2021-22 and Rs 2934.12 crore in 2020-21. FDI was Rs 6,414.67 crore in 2019-20; Rs 4430.44 crore in 2018-19; Rs 5,835.62 crore in 2017-18; Rs 4,865.85 crore in 2016-17; and Rs 3,312 crore in 2015-16 in the food processing sector. In order to enhance foreign investment in the food processing sector, the ministry has taken various measures, including 100 per cent FDI permitted through automatic route for the food processing sector subject to sectoral regulations. It has allowed 100 per cent FDI, under the government-approval route, for trading including through e-commerce, in respect of food products ...
Foreign direct investment inflows in the manufacturing sector during 2014-24 rose by 69 per cent to USD 165.1 billion, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said that India is rapidly emerging as a preferred country for foreign investment in the manufacturing sector " FDI equity inflow in the manufacturing sectors in the last ten financial years (2014-24) has increased by 69 per cent to USD 165.1 billion as compared to USD 97.7 billion in the previous ten financial years (2004-14)," he said. He also said that the total FDI inflow of USD 383.50 billion has been reported in the country during the past five financial years (2019-20 to 2023-24). Replying to a separate question, he said that the initiatives taken by the Government have led to a decline in dependency on imports in several sectors including mobiles. The import of mobile phones has decreased from Rs 48,609 crore in 2014-15 to Rs