New Delhi: India’s Foreign Direct Investment (FDI) surged 14 per cent to $81.04 billion in FY 2024–25, up from $71.28 billion in FY 2023–24, according to the Ministry of Commerce and Industry. The services sector led with 19% of total FDI, followed by software/hardware (16%) and trading (8%). Manufacturing FDI grew 18%, reaching $19.04 billion.

Maharashtra (39%), Karnataka (13%), and Delhi (12%) were top recipients. Among source countries, Singapore (30%), Mauritius (17%), and the US (11%) led inflows. India attracted $748.78 billion in FDI between 2014–25, a 143% jump over the previous decade, accounting for nearly 70% of total FDI in the past 25 years.

The number of source countries expanded from 89 to 112, highlighting India’s growing global investment appeal. Significant reforms since 2014 liberalized FDI across key sectors including defence, insurance, civil aviation, and single-brand retail. The 2025 Union Budget proposes raising FDI caps to 100% in certain insurance sectors.