RBI Census reveals that the USA remains the largest source of FDI in India.

Banking & Finance

According to the Reserve Bank of India's (RBI) annual Census on Foreign Liabilities and Assets of Indian Direct Investment Entities for 2023-24, the United States (USA) remains the largest source of Foreign Direct Investment (FDI) in India, followed by Mauritius, Singapore, and the United Kingdom (UK).


      - The latest census covered 41,653 entities, of which 37,407 reported FDI and Overseas Direct Investment (ODI) in their balance sheets for March 2024.

     

     

Main Points:-   (i) According to the RBI census, non-financial companies (NFCs) accounted for about 90% of the total FDI equity at face value.

      (ii) The total FDI in India increased by 23.3% in market value (in rupee terms) during the financial year 2023-24 (FY24). This rise was mainly due to large valuation gains and new FDI inflows, while ODI growth was much lower at 3.4%.


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CEO : Shaktikanta Das
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