The US continued to be the largest source of FDI in India, followed by Mauritius, Singapore and the UK, according to Census on Foreign Liabilities and Assets of Indian Direct Investment Entities for 2023-24 from the Reserve Bank of India (RBI). Out of the 41,653 entities, which responded in the latest census, 37,407 reported foreign direct investment (FDI) and/or overseas direct investment (ODI) in their balance sheets for March 2024. Of these entities, 29,926 had also reported in the previous census round and 7,481 have newly reported in the current round, according to Census on Foreign Liabilities and Assets of Indian Direct Investment Entities for 2023-24.
