Foreign direct investment (FDI) equity inflows into India decreased by 3.49% in FY23 to $44.42 billion from $46.03 billion in FY22, according to official data. Singapore was the top source of foreign inflows, followed by Mauritius and the US. FDI in services, computer hardware and software, telecom, auto, and pharma fell in 2023-24. Total FDI fell 1% to $70.95 billion in FY24.
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