India Boosts Its Economy: FDI Inflows Surge by 18% in Six Months

Foreign direct investments in India surged by 18% to USD 35.18 billion from April to September this fiscal year. Significantly, inflow from the US more than doubled to USD 6.62 billion. Comparing with the previous fiscal’s USD 29.79 billion, the growth indicates strengthening economic ties and investor confidence.

India witnessed a significant surge in foreign direct investments (FDI), climbing 18% to USD 35.18 billion over April to September this fiscal year, as per the latest data released by the government on Monday.

Notably, investments from the United States more than doubled during this period, reaching USD 6.62 billion, signifying bolstered economic ties and an increase in investor confidence.

Comparing this to the previous fiscal period's inflow of USD 29.79 billion, the current figures reflect a robust growth in overseas investments, marking a positive trend for the Indian economy.

(With inputs from agencies.)