Net FY25 FDI falls 96% to $353 mn, gross FDI strong.

• Net FDI in India fell by over 96% to $353 million in 2024-25.

• Gross FDI remained strong, but net FDI was dragged down by increased repatriation and higher foreign investments.

• The data, released by the Reserve Bank of India, shows repatriation and foreign investments by Indian firms have been a significant factor in lowering India’s net FDI figures since the pandemic.

• The net FDI figure dropped from $44 billion in 2020-21 to $353 million in 2024-25.