In 2023, the foreign direct investments from India in the United States amounted to approximately 4.66 billion U.S. dollars. The total foreign direct investments in the U.S. were valued at approximately 5.39 trillion U.S. dollars in that year.

The total foreign direct investment inflow into India dropped to 70.9 billion U.S. dollars in financial year 2023. This was a one percent decline from last year. FDIs are an important driver of a country’s economy since they boost the job market, technical knowledge base and provide non-debt financial resources. In the case of a developing country like India, foreign investors find the lower job wages and government tax exemptions in FDI a lucrative offer for investments in the country.

FDI in India  

The Indian government has been actively working towards increasing FDI inflows through various policy and financial reforms in the investment processes. According to a UN report in 2022, India was ranked among the top 20 host economies for FDI inflows. The global FDI inflows for fiscal year 2022 aggregated to over one trillion U.S. dollars, out of which over six hundred billion dollars were from the developing Asian region, including India.

Leading FDI investors and sectors in the Indian market

Singaporewas the leading investor in the country with FDI equity investments amounting to over 11 billion U.S. dollars in the financial year 2024 followed by Mauritius. The computer hardware and software sector led the foreign direct investment inflows, with an overall amount of close to 8 billion U.S. dollars for fiscal year 2024, followed by the services sector.

India Foreign Direct Investment: Outflow data was reported at 4.263 USD bn in Dec 2024. This records an increase from the previous number of 2.280 USD bn for Nov 2024. India Foreign Direct Investment: Outflow data is updated monthly, averaging 1.862 USD bn from Jul 2007 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 12.274 USD bn in Jun 2010 and a record low of 305.246 USD mn in Jul 2007. India Foreign Direct Investment: Outflow data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.OA031: Foreign Direct Investment: Outflow. [COVID-19-IMPACT]

Key information about India Foreign Direct Investment: % of GDP

• India Foreign Direct Investment (FDI) registered a growth equal to 0.5 % of the country's Nominal GDP in Sep 2024, compared with a growth equal to 1.1 % in the previous quarter.
• India Foreign Direct Investment: % of Nominal GDP data is updated quarterly, available from Jun 2004 to Sep 2024.
• The data reached an all-time high of 4.3 % in Sep 2020 and a record low 0.3 % in Sep 2023.

CEIC calculates Foreign Direct Investment as % of Nominal GDP from quarterly Foreign Direct Investment and quarterly Nominal GDP. The Reserve Bank of India provides Foreign Direct Investment in local currency based on BPM6. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Foreign Direct Investment as % of Nominal GDP prior to Q2 2011 is calculated from Foreign Direct Investment based on BPM5 and Nominal GDP based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


Related information about India Foreign Direct Investment: % of GDP

• In the latest reports of India, Current Account recorded a deficit of 11.2 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 5.0 USD bn in Sep 2024.
• India Direct Investment Abroad expanded by 7.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 19.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 873.7 USD bn in Mar 2023.

High Frequency Indicator: The dataset contains year- and month-wise compiled data from the year 2005 to till date on Foreign Direct Investment (FDI) in India. The FDI investment flows in the datasets are separately given in the Indian currency (rupees) and US (Dollars) values

India Foreign Direct Investment: Inflow: South Africa data was reported at 907.190 INR mn in 2018. This records a decrease from the previous number of 984.170 INR mn for 2017. India Foreign Direct Investment: Inflow: South Africa data is updated yearly, averaging 312.770 INR mn from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 8,487.970 INR mn in 2016 and a record low of 0.000 INR mn in 2001. India Foreign Direct Investment: Inflow: South Africa data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA022: Foreign Direct Investment: Inflow: Annual: by Country.

In 2023, GCC countries had an FDI inflow of 3.7 billion U.S. dollars into India. The countries had a cumulative FDI inflow in India of over 13.6 billion U.S. dollars into India between 2018 and 2022. The inflows peaked in the year 2020.

India Foreign Direct Investment: Outflow: Equity: Saudi Arabia data was reported at 0.133 USD mn in Oct 2018. This records a decrease from the previous number of 0.213 USD mn for Aug 2018. India Foreign Direct Investment: Outflow: Equity: Saudi Arabia data is updated monthly, averaging 0.200 USD mn from Aug 2007 (Median) to Oct 2018, with 57 observations. The data reached an all-time high of 80.197 USD mn in May 2008 and a record low of 0.009 USD mn in Oct 2012. India Foreign Direct Investment: Outflow: Equity: Saudi Arabia data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Investment – Table IN.OA026: Foreign Direct Investment: Outflow: by Country.

India Foreign Direct Investment: Outflow: China data was reported at 3.115 USD mn in Nov 2018. This records a decrease from the previous number of 10.941 USD mn for Oct 2018. India Foreign Direct Investment: Outflow: China data is updated monthly, averaging 2.056 USD mn from Jul 2007 (Median) to Nov 2018, with 134 observations. The data reached an all-time high of 35.301 USD mn in Jun 2015 and a record low of 0.001 USD mn in May 2018. India Foreign Direct Investment: Outflow: China data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Investment – Table IN.OA026: Foreign Direct Investment: Outflow: by Country.

India Foreign Direct Investment: Inflow: Nigeria data was reported at 55.980 INR mn in 2018. This records an increase from the previous number of 9.900 INR mn for 2017. India Foreign Direct Investment: Inflow: Nigeria data is updated yearly, averaging 16.680 INR mn from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 150.670 INR mn in 2011 and a record low of 0.000 INR mn in 2000. India Foreign Direct Investment: Inflow: Nigeria data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA022: Foreign Direct Investment: Inflow: Annual: by Country.

In 2023, the U.S. investments made in India were valued at approximately 49.56 billion U.S. dollars. The total direct position of the U.S. abroad amounted to 6.68 trillion U.S. dollars in that year. U.S. direct investment abroad is defined as ownership by a U.S. investor of at least 10 percent of a foreign business. The direct investor is known as a U.S. parent, and the U.S.-owned foreign business is known as a foreign affiliate. International transactions statistics cover the foreign affiliates’ transactions with their U.S. parents, so these statistics focus on the U.S. parent’s share, or interest, in its affiliates rather than on the affiliates’ overall size or level of operations. The major items include capital flows, which measure the funds that U.S. parents provide to their foreign affiliates, and income, which measures the return on those funds. Direct investment position statistics are stocks and are cumulative; they measure the total outstanding level of U.S. direct investment abroad at year end.

India (FDI) Foreign Direct Investment: Inflow: Miscellaneous Industries data was reported at 26,937.740 INR mn in 2018. This records an increase from the previous number of 23,726.050 INR mn for 2017. India (FDI) Foreign Direct Investment: Inflow: Miscellaneous Industries data is updated yearly, averaging 26,937.740 INR mn from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 75,499.400 INR mn in 2006 and a record low of 12,148.100 INR mn in 2002. India (FDI) Foreign Direct Investment: Inflow: Miscellaneous Industries data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA023: Foreign Direct Investment: Inflow: Annual: by Industry.

India Foreign Direct Investment: Inflow: USD: Services Sector: Commodity Exchange data was reported at 1.180 USD mn in Jun 2014. This records an increase from the previous number of 0.050 USD mn for Jun 2013. India Foreign Direct Investment: Inflow: USD: Services Sector: Commodity Exchange data is updated quarterly, averaging 0.380 USD mn from Dec 2012 (Median) to Jun 2014, with 3 observations. The data reached an all-time high of 1.180 USD mn in Jun 2014 and a record low of 0.050 USD mn in Jun 2013. India Foreign Direct Investment: Inflow: USD: Services Sector: Commodity Exchange data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under India Premium Database’s Investment – Table IN.OA007: Foreign Direct Investment Inflow: by Industry: USD.

Key information about India Foreign Direct Investment

• India Foreign Direct Investment (FDI) increased by 5.0 USD bn in Sep 2024, compared with an increase of 10.7 USD bn in the previous quarter.
• India Foreign Direct Investment: USD mn net flows data is updated quarterly, available from Jun 1990 to Sep 2024.
• The data reached an all-time high of 27.1 USD bn in Sep 2020 and a record low of 7.0 USD mn in Jun 1991.

CEIC extends history for quarterly Foreign Direct Investment. The Reserve Bank of India provides Foreign Direct Investment in USD based on BPM6. Foreign Direct Investment prior to Q2 2009 is based on BPM5.


Related information about India Foreign Direct Investment

• In the latest reports of India, Current Account recorded a deficit of 11.2 USD bn in Sep 2024.
• India Direct Investment Abroad expanded by 7.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 19.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 873.7 USD bn in Mar 2023.

In financial year 2024, the foreign direct investment (FDI) equity inflow to India was valued at nearly 44.4 billion U.S. dollars. With an inflow of over six billion dollars, October 2023 saw the highest inflow of investment.

Foreign Direct Investment: Inflow: USD: West Bengal data was reported at 71.080 USD mn in Dec 2024. This records an increase from the previous number of 61.910 USD mn for Sep 2024. Foreign Direct Investment: Inflow: USD: West Bengal data is updated quarterly, averaging 66.550 USD mn from Dec 2019 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 253.300 USD mn in Jun 2020 and a record low of 7.720 USD mn in Sep 2020. Foreign Direct Investment: Inflow: USD: West Bengal data remains active status in CEIC and is reported by Department for Promotion of Industry and Internal Trade. The data is categorized under India Premium Database’s Investment – Table IN.OA009: Foreign Direct Investment Inflow: by State: USD.

Between 2000 and 2024, the services sector of India has been the most attractive sector for foreign direct investments (FDI) with a share of 16 percent of the total FDI. In total India recorded an influx of foreign investments amounting to nearly 990.97 billion U.S. dollars during this period.

The amount of foreign direct investment from Mauritius to India in fiscal year 2024 was projected to be about eight billion U.S. dollars. This projection was an increase from about 6.1 billion U.S. dollars in the previous fiscal year.

India Foreign Direct Investment: Inflow: Monthly: Year to Date: Total data was reported at 1,426,112.800 INR mn in Jun 2018. This records an increase from the previous number of 1,230,141.300 INR mn for May 2018. India Foreign Direct Investment: Inflow: Monthly: Year to Date: Total data is updated monthly, averaging 605,275.825 INR mn from Sep 2004 (Median) to Jun 2018, with 166 observations. The data reached an all-time high of 3,116,439.500 INR mn in Dec 2016 and a record low of 6,670.730 INR mn in Jan 2005. India Foreign Direct Investment: Inflow: Monthly: Year to Date: Total data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA003: Foreign Direct Investment Inflow.

Foreign Direct Investment: Inflow: Calander Year: Year to Date: USD: Assam data was reported at 2.360 USD mn in Dec 2024. This records an increase from the previous number of 1.830 USD mn for Sep 2024. Foreign Direct Investment: Inflow: Calander Year: Year to Date: USD: Assam data is updated quarterly, averaging 2.670 USD mn from Dec 2019 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 7.930 USD mn in Dec 2020 and a record low of 0.194 USD mn in Mar 2023. Foreign Direct Investment: Inflow: Calander Year: Year to Date: USD: Assam data remains active status in CEIC and is reported by Department for Promotion of Industry and Internal Trade. The data is categorized under India Premium Database’s Investment – Table IN.OA025: Foreign Direct Investment Inflow: Calendar Year: ytd: by State: USD.