During the April-December period of the current fiscal year, foreign direct investment (FDI) into India fell by 15% to USD 36.75 billion. Which country was the leading investor during this period?

According to the latest data from the Department for Promotion of Industry and Internal Trade, foreign direct investment (FDI) into India decreased by 15% to USD 36.75 billion during the April-December period of the current fiscal year.

The total FDI inflows, including equity inflows, re-invested earnings, and other capital, declined to USD 55.27 billion during the first nine months of the current fiscal year compared to USD 60.4 billion in the previous year's corresponding period.

Singapore emerged as the top investor during April-December 2022-23, with USD 13 billion FDI, followed by Mauritius (USD 4.7 billion), the US (about USD 5 billion), the UAE (USD 3.1 billion), the Netherlands (USD 2.15 billion), Japan (USD 1.4 billion), and Cyprus (USD 1.15 billion).