Kunj Bhayani’s Post

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PGDM'25, Head of Alumni Committee at IES MCRC.

Net FDI declines by 62% to $10.5 billion in FY24, shows RBI data the lowest since 2007. - This decline was due to higher capital repatriation and increased Indian investments abroad. - Gross FDI remained stable at $71 billion compared to FY23. - $44.4 billion of the $70.9 billion gross FDI was repatriated, with $15.96 billion invested overseas by Indians. - Over 60% of FDI equity went into sectors like manufacturing, energy, services, and trade. - Top contributors to FDI were Singapore, Mauritius, US, Netherlands, Japan, and UAE. - Global FDI flows faced challenges from borrowing costs, geo-fragmentation, and protectionism. - Despite challenges, India is expected to maintain high FDI momentum in 2024. - FDI shifted from developed to developing economies since the onset of the pandemic. - Indian companies announced a record-high of over 550 greenfield FDI projects abroad in FY24.

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