FDI Investments At $29.79 Bn In H1

New Delhi: Foreign Direct Investment (FDI) inflows into India surged by a robust 45 per cent to $29.79 billion in April-September during the current financial year compared to $20.5 billion in the same period during 2023-24, according to figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).

The main sectors of the economy that benefited from the FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals. FDI inflows lead to higher investments and job creation in the economy along with better technology.

FDI in services has increased to $5.69 billion during the first half of the current financial year as against $3.85 billion in the same period last year.