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FPIs pivotal for making India as 3rd largest economy
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![FPIs pivotal for making India as 3rd largest economy FPIs pivotal for making India as 3rd largest economy](https://www.bizzbuzz.news/h-upload/2024/07/18/1929654-fpi.webp)
New Delhi: The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters ‘Amritkaal’, the FPI community will play a major role in positioning it as the third largest economy in the world, market experts said on Saturday. There was a total net inflow of Rs2,82,338 crore for both equity and debt in FY24. According to market watchers, the reason for a quick rebound in the capital markets can be attributed to the positive sentiments, a stable government’s assurance on continuity of reforms, tepid US Fed rates, and strong domestic demand.