Mumbai, April 23 -- Reserve Bank of India noted in a latest monthly update that Gross inward foreign direct investment (FDI) grew by 15.2 per cent (y-o-y) to US$ 75.1 billion during 2024-25 (April - February). Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US. Manufacturing sector accounted for the highest share (24.1 per cent) of FDI inflows, followed by financials services and electricity. However, net FDI declined to US$ 1.5 billion during this period owing to higher repatriation and outward FDI from India. Globally, the US remains the most favoured destination for inward FDI and is the second largest destination for overseas direct investment (ODI) from India in recent y...