Q3 FDI inflows up 16.6% on-year, US second top source in April-December

New Delhi: Foreign direct investment (FDI) capital inflows into India rose 16.6% year-on-year to $12.69 billion in the October-December financial year, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Friday. The previous year’s direct foreign investment inflow was 10.88 billion dollars.

The largest source of overseas investments in the April-December period of this fiscal year was Singapore, followed by the USA. In the July-September fiscal year, foreign direct capital inflow was 16.4 billion dollars.

Total foreign direct investment, which includes equity inflows, reinvested earnings and other capital, reached $21.52 billion, up 13% from $18.98 billion in the third quarter of FY25.

According to data, December witnessed the highest equity inflow of $5.48 billion in this quarter.

Cumulatively, FDI equity inflows in April-December 2025-26 rose 18% to $47.8 billion compared to $40.6 billion in the same period in FY25.

Among geographies, Singapore was the largest source of FDI inflows with $17.6 billion in the April-December period, followed by the United States.
$7.8 billion. Investment flows from the US, Singapore and the UAE increased. However, arrivals from Mauritius and the Netherlands decreased compared to last year. In line with its Make in India focus, India aims to increase its foreign direct investment inflow from $70-80 billion annually to $100 billion.

Among the states, Maharashtra attracted the highest FDI inflows at $15.38 billion during the April-December fiscal, followed by Karnataka at $11.15 billion and Gujarat at $5 billion.

When looked at by sector, the highest revenue from abroad in the first nine months of the fiscal year came from computer hardware and software with 10.7 billion dollars, followed by services with 8.4 billion dollars.