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Chennai Stock:Bank of India: The United States is still the largest source of direct foreign investment in India

Time:2024-10-27 Read:14 Comment:0 Author:Admin88

Bank of India: The United States is still the largest source of direct foreign investment in India

According to Indian media, the annual census report of the Indian Reserve Bank (RBI) on October 11, the United States is still India's largest foreign direct investment source, followed by Mauritius, Singapore and Britain.With the support of valuation income and new inflows, according to the rupee, the total foreign direct investment in India has soared by 23.3%by the market value.

RBI's "2023-24 Investment of Direct Investment in India and Census" shows that as of March 2024, of the 41,653 entities participating in the latest population census, 37,407 entities reported foreign direct investment on their balance sheets on their balance sheetsOr overseas direct investment (ODI).

Among these entities, 29,926 previously reported reports in the census, and 7,481 entities reported in the new round.More than three -quarters of the direct investment reports are foreign subsidiaries.Chennai Stock

According to RBI data, according to face value, non -financial companies account for nearly 90%of foreign direct investment equity.Jaipur Investment

According to RBI, with the promotion of valuation income and new inflows, during the period of 2023-24, the total foreign investment in India was calculated at the Rsdypee, and the calculation of market value soared by 23.3%.In contrast, ODI's growth is more gentle, 3.4%.

Based on market value, non -listed companies' foreign direct investment increased by 17.5%, while listed companies grew even higher to 29.8%.

As foreign direct investment increased more than ODI, in March 2024, the proportion of outgoing market value to internal direct investment stocks decreased from 19.3%a year ago to 16.1%.

Foreign subsidiaries in India maintain a solid foreign trade relationship, and exports and imports account for 35.4%and 31.5%of their sales and procurement, respectively.During the 2023-24, according to the rupees, the total sales and purchase volume of these subsidiaries increased by 13.2%and 10.6%, respectively.


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