United States Overtakes Mauritius as India’s Second-Largest Source of Foreign Direct Investment
Shifting Capital Flows The United States has surpassed Mauritius to become the second-largest source of Foreign Direct Investment (FDI) into India during the 2023-24 fiscal year, according to recent data released by the Department for Promotion of Industry and Internal Trade (DPIIT). This significant shift in investment patterns, confirmed in late 2024, reflects a broader…