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USA, Japan, Singapore Shock India. Net FDI inflows falls 62% from $28 Billion to $10 Billion.
#usa #japan #singapore #fdi
"Net foreign direct investment (FDI) flows into India dropped 62.17 per cent to $10.58 billion in 2023-24 (FY24) - the lowest since 2007 - from $27.98 billion the previous year. This was mainly on account of higher repatriation of capital and Indian companies’ investments abroad.
According to the latest Reserve Bank of India (RBI) data, $44.4 billion of the $70.9 billion gross FDI flows into the country in FY24 was repatriated through dividends, share sale or disinvestment, while another $15.96 billion was invested overseas by Indians."
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