FDI inflows dip marginally, outflows fall sharply

Mumbai: Gross foreign direct investment (FDI) to India decreased marginally to $6.4 billion in November from $6.5 billion in October. However, net FDI decreased during this period and saw an outflow of $446 million versus an outflow of $1.6 billion in October.

Singapore, Mauritius, the US and the UK accounting for more than half of total outward FDI. Sector-specific breakdown suggests that more than 70% of outward FDI was in manufacturing, financial, insurance, and business services.