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India's pvt investment cycle is strengthening: Govt's report
The Business Guardian
|September 27, 2024
Manufacturing, financial services, communication services, computer services, and electricity and other energy sectors accounted for more than three- fourths of the gross FDI inflows.
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Overall investment in India grew by 7.5 per cent in the April-June quarter which is indicative that the private investment cycle is strengthening, Ministry of Finance's monthly economic review said.
Net Foreign Direct Investment (FDI) inflows to India rose by 52.4 per cent during the first four months of FY25, supported by a surge in gross FDI inflows. Gross FDI inflows increased by 23.7 per cent, from USD 22.4 billion during the first four months of FY24 to USD 27.7 billion in the corresponding period of FY25.
Dit verhaal komt uit de September 27, 2024-editie van The Business Guardian.
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