Foreign direct investment in India dipped by 5.6 per cent year-on-year to USD 10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, according to the government data.
FDI inflows during October-December 2023-24 stood at USD 11.55 billion.
According to the Department for Promotion of Industry and Internal Trade (DPIIT) data, in the July-September quarter of the current fiscal, the inflows were up by about 43 per cent year-on-year to USD 13.6 billion and had increased 47.8 per cent annually to USD 16.17 billion in the preceding April-June quarter.
Cumulatively, during the April-December 2024-25, the inflows registered a growth of 27 per cent to USD 40.67 billion as against USD 32 billion in the same period of 2023-24.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 21.3 per cent to USD 62.48 billion during the first nine months of this fiscal from USD 51.5 billion in April-December 2023-24.
During the ..