Q3 FDI inflows up 16.6% on-year, US second top source in April-December

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New Delhi: Foreign direct investment (FDI) equity inflows into India rose 16.6% on-year to $12.69 billion in October-December FY26, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed. FDI inflows in the year ago period were $10.88 billion.

Singapore was the top source of overseas investments in April-December this fiscal, followed by the US. FDI equity inflows in July-September FY26 were $16.4 billion.

Total FDI, which includes equity inflows, reinvested earnings and other capital, was $21.52 billion, up 13% from $18.98 billion in the third quarter of FY25.

As per the data, December witnessed the highest equity flows of $5.48 billion in the quarter.

Cumulatively, in April-December 2025-26, the FDI equity inflows were up 18% to $47.8 billion as against $40.6 billion in the same period of FY25.


Among geographies, Singapore was the top source of FDI equity inflows in the April-December period at $17.6 billion followed by the US

at $7.8 billion. Investment flows from the US, Singapore and the UAE, increased. However, inflows declined from Mauritius and the Netherlands from last year.India aims to increase inflows of FDI to $100 billion a year from $70-80 billion annually in line with its focus on Make in India.

Among states, Maharashtra attracted the highest FDI inflow of $15.38 billion during April-December FY26, followed by Karnataka at $11.15 billion and Gujarat at $5 billion.

Sectorally, computer hardware and software garnered the highest inflows from abroad in the first nine months of the financial year at $10.7 billion, followed by services at $8.4 billion.



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