New Delhi: Foreign direct investment (FDI) into India declined by 15 per cent to $ 36.75 billion during the April-December this fiscal, according to the latest Department for Promotion of Industry and Internal Trade data.
The FDI inflows stood at $43.17 billion during the corresponding period of the previous year.
The total FDI inflows, which includes equity inflows, re-invested earnings and other capital, declined to $55.27 billion during the nine months of the current fiscal year as against $60.4 billion in the year-ago period.
During April-December 2022-23, Singapore emerged as the top investor with $ 13 billion FDI.
It was followed by Mauritius ($ 4.7 billion), the US (about $ 5 billion), the UAE ($ 3.1 billion), the Netherlands ($ 2.15 billion), Japan ($ 1.4 billion), and Cyprus ($1.15 billion), the data showed.
The computer software and hardware sector attracted the highest inflows of $8 billion during the nine-month period of this fiscal.
It was followed by services ($ 6.6 billion), trading ($ 4.14 billion), chemicals ($ 1.5 billion), automobile industry ($1.27 billion) and construction (infrastructure) activities ($1.22 billion).
PTI
