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India moves up among top global destinations for FDI in 2024: UNCTAD
The Political and Business Daily
|June 20, 2025
INDIA moved up among top global destinations for foreign direct investment (FDI) in 2024, remaining the dominant recipient in South Asia and accounting for the vast majority of FDI inflows, a United Nations Conference on Trade and Development (UNCTAD) report said on Thursday.
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Despite a marginal dip in inflows at $27.6 billion, India climbed up to 15th place globally in 2024, from 16th position in 2023 when it received $28.1 billion in FDI, according to the UNCTAD's 'World Investment Report 2025'.
"While project numbers increased in most regions, only a few countries saw a significant rise in the value of new project announcements. India stood out with projected capital expenditures up by more than a quarter to $110 billion, almost a third of the total in Asia," the report mentioned.
There was a notable increase in greenfield project announcements, where India ranked fourth with 1,080 greenfield projects announced in 2024.
Greenfield projects have become an important source of investment in the digital economy in the developing world.
This story is from the June 20, 2025 edition of The Political and Business Daily.
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