MoCI Data: Singapore emerges as top FDI source in Apr-Dec FY26, high inflows from tax havens
In April 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce & Industry (MoCI) released data which showed that Singapore emerged as the top source of Foreign Direct Investment (FDI) equity in inflows in April-December of Financial Year 2025-26 (FY26) at USD 17.6 billion, accounting for 37% of the total share of FDI.
In April 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce & Industry (MoCI) released data which showed that Singapore emerged as the top source of Foreign Direct Investment (FDI) equity in inflows in April-December of Financial Year 2025-26 (FY26) at USD 17.6 billion, accounting for 37% of the total share of FDI.
- The data further showed India received USD 47.87 billion of FDI equity inflows in April-December of FY26.
Key Findings:
Other Top FDI Sources: Other than Singapore, the United States of America (USA) (USD 7.8 billion) and Mauritius (USD 4.8 billion) were the next two largest sources of FDI, accounting for 16% and 10% of the total FDI inflows, respectively.
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- Also, Japan and the United Arab Emirates (UAE) were among the top 5 investor countries.
States-wise FDI Distribution: As per the data, Maharashtra received the highest FDI inflows i.e. at USD 15.38 billion in April-December of FY26; followed by Karnataka (USD 11.15 billion) in the three quarters of FY26.
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