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Growth in net sales of FDI cos eased to 9.3% in FY24: RBI
Mint Ahmedabad
|March 12, 2025
Nearly half the sample companies received direct investment from Singapore, Mauritius and US
The RBI on Tuesday said that with the normalization 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.
The Reserve Bank released the data relating to financial performance of non-government non-financial (NGNF) FDI companies in India during 2023-24 based on audited annual accounts of 2,418 companies, which reported in the Indian Accounting Standards (Ind-AS) format for three accounting years from 2021-22 to 2023-24.
Manufacturing and services sectors recorded lower sales growth of 6.4% and 12.7%, respectively, during 2023-24.
Cette histoire est tirée de l'édition March 12, 2025 de Mint Ahmedabad.
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