India crosses $1 tn cumulative FDI milestone, inflows jump 26% in H1 FY25
3 months, 2 weeks ago

India crosses $1 tn cumulative FDI milestone, inflows jump 26% in H1 FY25

Live Mint  

New Delhi: India has crossed a milestone of $1 trillion in cumulative foreign direct investment inflows since April 2000, underscoring the nation’s growing appeal as a global investment hub. In the first half of the fiscal year 2024-25, FDI inflows surged by 26% to reach $42.1 billion, reflecting the impact of investor-friendly reforms and a dynamic business environment, the ministry of commerce & industry said in a statement on Thursday. “This trend highlights India’s strategic position in the global economic landscape, bolstered by transformative policy initiatives such as "Make in India" and the Goods and Services Tax,” the ministry said in the statement. India also improved its business environment, advancing from 142nd in 2014 to 63rd in the World Bank’s Doing Business Report 2020, released in October 2019 before the report was discontinued, it said.

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