Mumbai, India – India attracted a total of $30.7 billion in gross foreign direct investment (FDI) during the April-June 2026 quarter, marking the highest level in at least 15 years, according to data released by the Reserve Bank of India (RBI). The strong inward flow overshadowed outflows, pushing net FDI in the quarter to its highest level since June 2022. This robust performance underscores the continued interest of global investors in India, as the manufacturing sector emerged as the top recipient of inflows.
Gross inflows in June 2026 stood at $9.3 billion, 53% higher than in May and slightly lower than the $9.6 billion recorded in June last year. Singapore, the Netherlands, the United States, and Canada accounted for nearly 74% of the total inflows, with the manufacturing sector receiving the highest share, followed by electricity generation, computer, and communication services. On a quarterly basis, gross inflows of $30.7 billion were nearly 46% higher than the previous quarter and about 15% higher than the June 2025 quarter. This is the highest inflow recorded in the accessible data, which goes back 60 quarters to September 2011.
Must Read: Subhash Chandra Gets Relief in Personal Guarantee Case as Banks Face 99% Haircut
While outflows of direct investment stood at $7.9 billion in June 2026, up 30% from May and 8.6% higher than June last year, net FDI remained positive at $1.3 billion for the month and $7.8 billion for the quarter. Notably, repatriation and disinvestment by foreign companies operating in India grew to $5.8 billion, while outward FDI by Indian companies fell to $2.1 billion. The RBI noted that inflows are increasingly outpacing outflows on a more regular basis, with net FDI negative in only one of the last six months, compared to six of the previous 12 months.
