India’s cumulative FDI inflow crosses $1 trillion
New Delhi: India has achieved a significant milestone of surpassing $1 trillion in cumulative foreign direct investment (FDI) inflows since April 2000, driven by its enhanced global competitiveness, a robust innovation ecosystem, and an investor-friendly business environment, according to the commerce and industry ministry on Thursday.
FDI inflows saw a notable increase of nearly 26%, reaching $42.1 billion in the first half of the current fiscal year, highlighting India’s growing attractiveness as a global investment hub.
Taiwanese companies, amidst global trade tensions, have increasingly shifted their supply chains to India, contributing over $665 million in FDI from 2018 to 2024.
Between April 2014 and September 2024, India attracted $709.84 billion in FDI inflows, which constitutes 68.69% of the total FDI received in the last 24 years.
The ministry credited this growth to initiatives like *Make in India*, reforms fostering ease of doing business, and policies enhancing India’s stature in global investment rankings.
Additionally, outward FDI commitments rose to $2.14 billion in June 2024 from $1.14 billion a year earlier, despite a slight month-on-month decline.
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