FDI Inflows Flat in 2024, But India's Rank Up One Notch

Foreign Direct Investment (FDI) into India remained unchanged year-on-year in 2024 at $28 billion even as global FDI flows dropped 11 per cent, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday.

- Ruchika Chitravanshi

In 2023, FDI inflows into India had plummeted 43 per cent to $28 billion.

According to UNCTAD's World Investment Report 2025, India moved up a notch in countries' rankings for FDI inflows to hit the 15th spot in 2024.

According to data from the Department for Promotion of Industry and Internal Trade, FDI equity inflows stood at $50 billion in 2024-25 (FY25), up 13 per cent.

"The net FDI flows into India, excluding repatriation, was around $29 billion in FY25, according to Reserve Bank of India data. UNCTAD is using the same methodology used by the RBI, while referring to net FDI inflows to India, but it does so on a calendar year basis," said Biswajit Dhar, distinguished professor, Council for Social Development.