US continues to be largest source of FDI in India: RBI census

The US remains the largest source of FDI in India, followed by Mauritius, Singapore, and the UK. FDI in India increased by 23.3 per cent in 2023-24, supported by valuation gains and fresh inflows. Non-financial companies accounted for nearly 90 per cent of the FDI equity. Foreign subsidiaries in India also showed strong external trade linkages.