According to the Department for Promotion of Internal Trade and Investment (DPIIT), the total foreign direct investment (FDI) during 2024-25 was $81.04 billion (provisional), compared to $71.28 billion in 2023-24. This represents a 14% growth rate compared to the previous fiscal year.

DPIIT released the data after RBI released the FDI data for the fiscal year 2024-25.

According to the RBI, net FDI dropped sharply to $ 353 million during 2024-25 due to higher repatriation of profits by foreign investors.

Break-up of FDI

The FDI figures include equity investment, investment by foreign investors and other forms of capital inflows.

Following is the break-up of the FDI received in 2024-25.

Equity investment -$51.04 billion
Reinvestment- $23.5 billion
Other forms of capital inflow -$6.5 billion

Service sector leads FDI Equity Investment

The maximum FDI equity investment in 2024-25 was in the Service sector, followed by Computer Hardware and Trading.

Service Sector

Total investment in 2024-25 - $9.34 billion compared to $ 6.64 billion in 2023-24.
Growth rate of 40.7 % as compared to the last fiscal year
Share in total equity FDI- 19%
The services sector includes banking, financial services, insurance, outsourcing, research and development, courier services, technology testing, and analysis.

Computer Hardware and Software

Total investment - $ 7.81 billion, a decline of 2% compared to the last fiscal year.
Share in equity FDI- 16%

Trading

Investment - $ 4.17 billion, a growth of 8% compared to last year.
Share in equity FDI - 8%

Top Five Sources of Equity FDI in 2024-25

Singapore remained the largest source of FDI, followed by Mauritius, the United States of America, the Netherlands, and the United Arab Emirates.

Singapore - $14.94 billion, an increase of 26.9 % compared to the last fiscal year. Share in total equity FDI - 30%
Mauritius - $ 8.34 billion, share of 17 %
United States of America- $ 5.45 billion, share of 11%
Netherlands- $ 4.62 billion.
United Arab Emirates- $4.34 billion.

Top Five Equity FDI Recipient States

During 2024-25, the top state that attracted equity FDI was :

Maharashtra- $19.6 billion, 39% share in total FDI equity inflows,
Karnataka - $6.61 billion,13% share,
Delhi - $6 billion,12% share.
Gujarat - $ 5.7 billion,
Tamil Nadu - $3.68 billion

Other Highlights of FDI Data

From 2014-15 to 2024-25, the total FDI in the country was $ 748.78 billion.
The source of FDI countries during this period increased from 89 in 2013-14 to 112 in 2024-25.
The manufacturing sector attracted $19.04 billion in 2024-25, compared to $16.12 billion in 2023-24. This represents an 18% growth over 2023-24.