Singapore leads FDI equity inflows to India in FY 2024, here's top 10 countries investing in India - Economy News | The Financial Express
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In FY 2023-24, Singapore emerged as the largest source of foreign direct investment (FDI) into India, despite a 31.55% drop in inflows to $11.77 billion. The total FDI into India fell to $44.42 billion, a 3.49% decrease from the previous year. The US was the third-largest investor in India, contributing $4.99 billion in foreign investments. Following the amendment of the India-Mauritius tax treaty in 2016, Singapore has become the preferred jurisdiction for routing foreign capital into India. The top 10 countries investing in India in FY24 are: Singapore, Mauritius, USA, Netherlands, Japan, UAE, UK, Cyprus, Germany, and Cayman Islands.

#Fdi #Investment #Singapore #India #Economy

https://www.financialexpress.com/policy/economy-fdi-inflows-in-fy24-singapore-top-investor-in-india-mauritius-us-japan-and-netherlands-in-the-list-of-top-5-3566999/