India's foreign direct investment climbs 6% to $19.81 billion in Q1
India recorded a 6% rise in foreign direct investment during the April-June quarter, reaching $19.81 billion, according to the Department for Promotion of Industry and Internal Trade.
Data from the Department for Promotion of Industry and Internal Trade show that foreign direct investment in India grew to $19.81 billion in the April-June period, up 6% from $18.62 billion a year earlier. The increase reflects continued inflows from major sources such as Singapore, Mauritius and the United States. The figures represent the first quarter of one outlet fiscal year.
Why it matters
The rise signals continued confidence of foreign investors in India’s economy and could boost growth prospects.
In this story
foreign direct investmentIndiaApril-June quarterFDI growthSingaporeMauritiusUnited StatesDPIIT
