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Growth in net sales of FDI cos moderated to 9.3% in FY24: RBI
Financial Express Bengaluru
|March 12, 2025
THE RBI ON Tuesday said with the normalisation of post-pandemic pent-up demand conditions, the growth in net sales of select FDI companies moderated to 9.3% during 2023-24 from the high of 20.3% in the previous year.
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The RBI released the data relating to financial performance of non-government non-financial (NGNF) FDI firms in India during 2023-24 based on audited annual accounts of 2,418 firms, which reported in the Indian Accounting Standards (Ind-AS) format for three accounting years from 2021-
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