pattern photo
YEARS
The highest amount of Foreign Direct Investment (FDI) in India is coming from America followed by Mauritius, Singapore and Britain. This information was given in a report of the Reserve Bank of India. Of the 41,653 firms included in this latest survey, 37,407 reported FDI and ODI inflows into their books for March 2024.
Mumbai . The highest amount of Foreign Direct Investment (FDI) in India is coming from America followed by Mauritius, Singapore and Britain. This information was given in a report of the Reserve Bank of India. Of the 41,653 firms included in this latest survey, 37,407 reported FDI and/or foreign direct investment (ODI) inflows into their books for March 2024. According to the survey report based on foreign liabilities and assets of Indian direct investment units for FY 2023-24, 29,926 of these firms had also reported foreign investment inflows in the previous survey round while 7,481 reported fresh in the current round. Is.
More than three-fourths of the companies reporting direct investment were subsidiaries of foreign companies. The Reserve Bank said that non-financial companies accounted for about 90 per cent of the FDI equity at face value. According to the Reserve Bank of India survey report, supported by fresh inflows along with valuation gains, total FDI into India increased by 23.3 per cent at market value in rupee terms in FY 2023-24 while ODI growth stood at 3.4 per cent. FDI at market value in unlisted entities registered a growth of 17.5 per cent in the last financial year. This increase in the listed sector was more than 29.8 percent.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from PTI-language feed.
other news
