FDI Into India Falls 16% In FY23: Why Are Foreign Investors Wary?

Foreign direct investment into India fell sharply FY23, which includes gross inflows which fell by 16% from 84.83 bn to 70.97 billion dollars. Despite the government’s PLI schemes, there doesn’t seem to have been a significant increase in FDI into India. FDI has not played a large role in India in terms of percentage GDP. Globally too, the IMF notes that global FDI flows have dropped to 1.3% of global GDP between 2018 and 2022 from the highs of 3.3% in 2000’s. Watch the video for the full explanation!
#fdi #gdp #growth

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