- India has seen a decline in net FDI during the April-August period, dropping to $2.99 billion from $18.03 billion year-on-year.
- Despite the overall decline, India is drawing interest in greenfield investments, positioning itself as an attractive destination for fresh global investments.
- India ranks among the top three in greenfield FDI announcements, according to the United Nations Conference on Trade and Development (UNCTAD).
- Policymakers expect investment flows to increase by 2024, driven by India’s efforts to create an FDI-friendly environment and align with global efforts to diversify away from overreliance on China.
- India has taken supportive measures to attract FDI, particularly in sectors like infrastructure and space, aiming to become an integral part of global supply chains.