According to the Department for Promotion of Industry and Internal Trade data, the Foreign direct investment (FDI) into India has declined by 22% to $46 billion in 2022-23.
Reason: Lower inflows in computer hardware and software, and the automobile industry
The FDI inflows stood at $58.77 billion during 2021-22.
Top Investors (April-March 2022-23): Singapore ($17.2 billion), Mauritius, US, and UAE
State-wise, Maharashtra received the highest inflows of $14.8 billion.
