The RBI on Tuesday said with the normalisation of post-pandemic pent-up demand conditions, the growth in net sales of select FDI companies moderated to 9.3 per cent during 2023-24 from the high of 20.3 per cent in the previous year. The Reserve Bank released the data relating to financial performance of non-government non-financial (NGNF) FDI companies in India during 2023-24 based on audited annual accounts of 2,418 companies, which reported in the Indian Accounting Standards (Ind-AS) format for three accounting years from 2021-22 to 2023-24. Manufacturing and services sectors recorded lower sales growth of 6.4 per cent and 12.7 per cent, respectively, during 2023-24. Moderation in sales growth was broad-based across the major industries within the manufacturing and services sectors, except 'Wholesale and retail trade' and Electricity, gas, steam and air condition supply' industries. The paid-up capital (PUC) of these companies amounted to Rs 5,30,160 crore, which accounted for 51