India receives highest FDI from Singapore in FY24, Mauritius second biggest investor.

Economy Business

India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data. Though FDI from Singapore has dipped by 31.55 per cent to $11.77 billion in 2023-24, India has attracted the maximum inflows from that country, the data showed.


      During the last fiscal, FDI equity inflows decreased from major countries, including Mauritius, Singapore, the US, the UK, UAE, Cayman Islands, Germany, and Cyprus.

      However, investments increased from the Netherlands and Japan.

     

 

     


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