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FDI inflows have been $16.59 billion throughout April-June 2022-23, knowledge launched by the Division for Promotion of Trade and Inside Commerce (DPIIT) confirmed.
Whole FDI inflows- together with contemporary FDI fairness inflows, reinvested earnings and different capital- have been $17.56 billion as towards $22.34 billion a 12 months in the past.
Singapore was the highest supply of FDI with inflows of just about $3 billion, adopted by The Netherlands at $1.5 billion.
FDI from Mauritius, Singapore, the US and the UAE declined within the first quarter of FY24.
Inflows dipped in segments together with laptop {hardware} and software program, buying and selling, vehicle and pharma. Providers, laptop software program and {hardware}, and building actions (infrastructure) have been the highest recipients of inflows from overseas.Amongst states, Maharashtra, Delhi and Karnataka garnered probably the most FDI in April-June FY24, based on the info.
