Mumbai, May 28 -- Foreign direct investment in India fell 24.5 per cent year-on-year to USD 9.34 billion in the January-March quarter of 2024-25 but grew 13 per cent at USD 50 billion during the entire previous financial year, according to the government data released on Tuesday. FDI inflows during January-March 2023-24 stood at USD 12.38 billion. These were USD 44.42 billion in the full 2023-24 fiscal. During the October-December quarter of 2024-25 also, the inflows were contracted by 5.6 per cent year-on-year to USD 10.9 billion due to global economic uncertainties.

Published by HT Digital Content Services with permission from Capital Market....