Explorer

FDI Inflow Shrinks By 16% In FY23, Marks First Contraction In A Decade

RBI in its latest monthly bulletin published on Monday, said, "Gross inward FDI flows stood at $71 billion in 2022-23, registering a decline of 16.3 per cent on a y-o-y basis." 

Gross foreign direct investment (FDI) flows, for the first time in a decade, declined on an annual basis in 2022-23 to $71 billion mainly due to a slowdown in the global economy, reported news agency PTI citing RBI data. The report said that foreign direct investments contracted by 16.3 per cent in the financial year 2022-23 compared to inflows in 2021-22.

According to report, the gross FDI inflows in 2021-22 were $81.97 billion, up 10 per cent over fiscal 2019-20. The previous year-on-year contraction in FDI was in 2012-13 when the inflows declined by 26 per cent to $34.298 billion.

RBI in its latest monthly bulletin published on Monday, said, "Gross inward FDI flows stood at $71 billion in 2022-23, registering a decline of 16.3 per cent on a y-o-y basis." 

Also Read: CEA V Nageswaran Asks Finance Industry To Exercise Restraint, End Predatory Collection Practices

RBI said that the net FDI declined to US$ 28.0 billion in 2022-23 as compared with US$ 38.6 billion a year ago, mainly due to moderation in gross FDI inflows and an increase in repatriation. Manufacturing, computer services, and communication services recorded the highest decline in FDI inflows compared with the preceding year.

“The major contributors towards the fall in inflows during the same period were the US, Switzerland, and Mauritius,” RBI officials noted

The bulletin quoted "fDi Intelligence", to say India was the second largest recipient of FDI ($26.2 billion) in the semiconductor industry for the year 2022, second only to the US ($33.8 billion).

Also Read: Hindalco Q4 Results: Aluminium Major's Net Profit Declines 37 Per Cent To Rs 2,411 Crore

Massive investments in capital-intensive chip FDI projects are underway, In line with the Government of India’s efforts to develop the industry, the article said.

It further said foreign portfolio investors (FPIs) turned net purchasers in domestic financial markets in April, primarily in the equity segment ($1.9 billion), which was supplemented by an inflow in the debt segment ($0.2 billion).

View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Phil Salt
₹11.50 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.50 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.50 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

As Race For Maharashtra CM Post Heats Up, Eknath Shinde Upset Over BJP's 'Claim' For Top Post: Sources
As Race For Maharashtra CM Post Heats Up, Eknath Shinde Upset Over BJP's 'Claim' For Top Post: Sources
Schools In Delhi-NCR To Go In Hybrid Mode After Supreme Court Directive On Air Pollution
Schools In Delhi-NCR To Go In Hybrid Mode After Supreme Court Directive On Air Pollution
PAN 2.0 Announced: Do You Need To Change PAN Number? Will It Be Free? All Your FAQs Answered
PAN 2.0 Announced: Do You Need To Change PAN Number? Will It Be Free? All Your FAQs Answered
Rashmi Shukla Reappointed As Maharashtra DGP After Mahayuti Win
Rashmi Shukla Reappointed As Maharashtra DGP After Mahayuti Win
Advertisement
ABP Premium

Videos

FIR Filed Against Sambhal MP Ziaur Rahman, Statement Released Amidst ControversyFIR Filed Against Sambhal MP Ziaur Rahman and Local MLA's Son in Controversial CaseSambhal Violence Sparks Political Firestorm, Congress MP Imran Masood's Strong Remarks | ABP NewsBreaking News: SP Leader Ram Gopal Yadav Reacts to Sambhal Violence | ABP News

Photo Gallery

Embed widget