Blitz Bureau
NEW DELHI: Foreign Direct Investment (FDI) inflows into India in the period between April 2000 and September 2024 soared to $1,033.40-billion mark, as per figures compiled by the Department for Promotion of Industry and Internal Trade. The main sectors of the economy that benefited from the FDI include automobile, computer software, IT hardware, telecom, pharmaceuticals, chemicals and services as well.
The data also show that FDI inflows in the sunrise non-conventional energy sector have recorded a big jump. A senior official said the Government has facilitated the ease-of-doing business and various incentives such as the PLI scheme have been put in place which have helped accelerate the flow of FDI into the country.
The FDI surge has continued into the current financial year with a robust 45 per cent jump to $ 29.79 billion in April-September compared to $20.5 billion in the same period during 2023- 24, the DPIIT data showed.
