- devara
- 13 Dec 2024 07:24 AM
- Foreign Direct Investment, FDI India, Mauritius FDI
India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub.
Significant contributions have come from countries like Mauritius (25%), Singapore (24%), and the United States (10%). The sectors receiving the highest investments include services, computer software, telecommunications, construction, infrastructure, and manufacturing, fueled by initiatives like 'Make in India.'
India’s FDI policies have evolved over the years, offering automatic routes for most sectors, while requiring government approval for certain strategic industries. The rise in investment has also been driven by sector-specific reforms and liberalization, making India an even more attractive investment destination.