<p>New Delhi: <a href="https://www.deccanherald.com/tags/fdi">Foreign direct investment (FDI)</a> equity inflows in India declined 3.49 per cent to $44.42 billion (Rs 36.98 lakh crore)in 2023-24 due to lower infusion in sectors such as services, computer hardware and software, telecom, auto and pharma, according to the government data.</p>.<p>FDI inflows stood at $46.03 billion (Rs 38.33 lakh crore) during 2022-23.</p>.RBI sees real GDP growth at 7% in FY25.<p>Inflows during January-March FY24 , however, rose by 33.4 per cent to $12.38 billion (Rs 10.31 lakh crore) as against $9.28 billion (Rs 7.72 lakh crore) in the year-ago period.</p>.<p>The total FDI -- which includes equity inflows, reinvested earnings and other capital -- declined marginally by one per cent to $70.95 billion (Rs 59.09 lakh crore) during 2023-24 as against $71.35 billion (Rs 59.42 lakh crore) in 2022-23, data from Department for Promotion of Industry and Internal Trade (DPIIT) showed.</p>.<p>In 2021-22, the country received the highest ever FDI inflows of $84.83 billion (Rs 70.65 lakh crore).</p>.<p>During the last fiscal, FDI equity inflows decreased from major countries, including Mauritius, Singapore, the US, the UK, UAE, Cayman Islands, Germany, and Cyprus.</p>.<p>However, inflows increased from the Netherlands and Japan.</p>.<p>Sectorally, inflows contracted in services, computer software and hardware, trading, telecommunication, automobile, pharma and chemicals.</p>.<p>In contrast, construction (infrastructure) activities, development and power sectors registered healthy growth in inflows during the period under review.</p>.<p>FDI equity inflows into India declined 22 per cent in 2022-23.</p>
<p>New Delhi: <a href="https://www.deccanherald.com/tags/fdi">Foreign direct investment (FDI)</a> equity inflows in India declined 3.49 per cent to $44.42 billion (Rs 36.98 lakh crore)in 2023-24 due to lower infusion in sectors such as services, computer hardware and software, telecom, auto and pharma, according to the government data.</p>.<p>FDI inflows stood at $46.03 billion (Rs 38.33 lakh crore) during 2022-23.</p>.RBI sees real GDP growth at 7% in FY25.<p>Inflows during January-March FY24 , however, rose by 33.4 per cent to $12.38 billion (Rs 10.31 lakh crore) as against $9.28 billion (Rs 7.72 lakh crore) in the year-ago period.</p>.<p>The total FDI -- which includes equity inflows, reinvested earnings and other capital -- declined marginally by one per cent to $70.95 billion (Rs 59.09 lakh crore) during 2023-24 as against $71.35 billion (Rs 59.42 lakh crore) in 2022-23, data from Department for Promotion of Industry and Internal Trade (DPIIT) showed.</p>.<p>In 2021-22, the country received the highest ever FDI inflows of $84.83 billion (Rs 70.65 lakh crore).</p>.<p>During the last fiscal, FDI equity inflows decreased from major countries, including Mauritius, Singapore, the US, the UK, UAE, Cayman Islands, Germany, and Cyprus.</p>.<p>However, inflows increased from the Netherlands and Japan.</p>.<p>Sectorally, inflows contracted in services, computer software and hardware, trading, telecommunication, automobile, pharma and chemicals.</p>.<p>In contrast, construction (infrastructure) activities, development and power sectors registered healthy growth in inflows during the period under review.</p>.<p>FDI equity inflows into India declined 22 per cent in 2022-23.</p>