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India Keeps FDI Inflows Steady at $28 Billion as Outflows Surge

Policy reforms sustained inflows at last year's level with companies ramping up outbound projects

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Representative Image (IANS)

Overview

  • India’s FDI inflows held at $28 billion in 2024, matching the previous year’s level.
  • Outbound FDI more than doubled to $24 billion from $14 billion in 2023, reflecting rising Indian investment abroad.
  • The country rose to 15th in the global FDI rankings and ranked 4th in greenfield project announcements with 1,080 deals.
  • India secured its place among the top five economies for international project finance, closing 97 transactions.
  • Sovereign wealth funds backed 33 data centre deals worth $3.5 billion and digital economy project announcements reached $114 billion from 2020 to 2024.