FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25
Live MintNew Delhi, Dec 8 Foreign direct investment inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to the Commerce and Industry Ministry, since 2014, India has attracted a cumulative FDI inflow of USD 667.4 billion, registering an increase of 119 per cent over the preceding decade. FDI equity inflows into the manufacturing sector over the past decade reached USD 165.1 billion, marking a 69 per cent increase over the previous decade, which saw inflows of USD 97.7 billion, an official has said. The overseas inflows into India are likely to gather momentum in 2025, as healthy macroeconomic numbers, better industrial output and attractive PLI schemes will attract more overseas players amid geopolitical headwinds, experts said. Rumki Majumdar, an economist at consultancy Deloitte India, said FDI inflows are likely to remain modest amidst expected policy changes in the US and the impact of policy stimulus on China's economy.