India records $81.04 billion FDI inflow in FY 2024–25

India attracted a record USD 81.04 billion in foreign direct investment (FDI) in the fiscal year 2024–25, up 14% from the previous year, driven by a liberalized policy regime and strong inflows into the services and manufacturing sectors, the Ministry of Commerce & Industry said.

Key Highlights

• The services sector emerged as the top recipient of FDI equity in FY 2024–25, attracting 19% of total inflows, followed by computer software and hardware (16%) and trading (8%).

• FDI into the services sector rose by 40.77%, reaching USD 9.35 billion, up from USD 6.64 billion in the previous year.

• India is also becoming a hub for manufacturing FDI, which grew by 18% in FY 2024–25, reaching USD 19.04 billion compared to USD 16.12 billion in FY 2023–24.

• Maharashtra accounted for the highest share (39%) of total FDI equity inflows in FY 2024–25, followed by Karnataka (13%) and Delhi (12%).

• Among source countries, Singapore led with a 30% share, followed by Mauritius (17%) and the United States (11%).

• Over the last eleven financial years (2014–25), India attracted FDI worth USD 748.78 billion, reflecting a 143% increase over the previous eleven years (2003–14), which saw USD 308.38 billion in inflows. This constitutes nearly 70% of the total USD 1,072.36 billion in FDI received over the past 25 years.