India's gross FDI hits 15-year high of $30.7B, net inflows turn a corner
India pulled in $30.7 billion of gross FDI in April-June, the highest in 15 years of data and up 15% from a year earlier. Net FDI hit its best level since mid-2022 as outbound investment by Indian firms shrank. Singapore, the Netherlands, the US and Canada drove 74% of inflows, with manufacturing the top draw.