An ownership stake in a foreign company or project is referred to as a foreign direct investment (FDI) and is made by a foreign investor, business, or government.
According to data from the government, FDI in India fell 34% to USD 10.94 billion between April and June of this fiscal year.
According to information provided by the Department for the Promotion of Industry and Internal Trade (DPIIT), FDI inflows were USD 16.59 billion from April to June 2022–2023.
According to the data, FDI dipped from countries including Mauritius, Singapore, the US and the UAE during April-June 2023-24.
Inflows dipped in segments including computer hardware and software, trading, automobile and pharma.