evidence: ECONOMY: India FDI Equity Inflows Grow By 47.8% YoY In Q1FY25 [...] On the back of the strong performance of the services sector, computer hardware and software, trading and telecommunications, India’s foreign direct investment (FDI) equity inflows in the first quarter of the current financial year reported a year-on-year (YoY) increase of 47.8 per cent. As per the data from the Department for Promotion of Industry and Internal Trade (DPIIT), the FDI equity inflows in the country in Q1FY25 increased to USD 16.17 billion. The total FDI inflows in India increased by 28 per cent YoY to USD 22.49 billion in Q1FY25. The FDI equity inflow was USD 10.9 billion during the corresponding quarter a year ago. The FDI equity inflows in the country reported a dip of 3 per cent YoY in FY 23-24 as the figure fell to USD 44.42 billion in FY 23-24 as compared with USD 46.03 billion in FY 22-23, the data revealed.