FDI Inflows Surge 119% To $667.4bn In 10 Years
Mfg sector received $165-bn FDI during 2014-2024, 69% higher than $97.7 bn in 2004-2014
FDI Inflows Surge 119% To $667.4bn In 10 Years
We are taking concrete steps to ensure that labour and skill-focused industries receive priority, and investments through FDI reach $100 billion in coming years - Amardeep Bhatia, Secretary, DPIIT
New Delhi: India has attracted $667.4 billion in Foreign Direct Investment (FDI) from 2014 to 2024, registering an increase of 119 per cent over the preceding decade (2004-14), according to government data. This investment has come across India and 57 sectors of the country and played an important role in the development of various industries.
In the last ten years, many important steps have been taken by the government to attract FDI into the country. At present, except for strategically-important sectors, most are open for 100 per cent FDI through the automatic route.
According to data released by the Commerce Ministry, the manufacturing sector has received a cumulative FDI of $165 billion between 2014-2024. This has seen an increase of 69 per cent as compared to 2004-2014 which was $97.7 billion.
