Reduced net FDI inflow in September and October led to a decline in cumulative net FDI inflows. Net FDI inflows amounted to $14.5 billion during the first seven months of the current fiscal. This was lower than the $15.7 billion of net inflow during the same period of the previous fiscal. This is a 7.6 % decrease, year-on-year, during April-October 2024.

According to the State of the Economy report released by RBI in December 2024, the net FDI declined similarly across most peer emerging market economies (EMEs) during the first half of the current fiscal year compared to a year ago.