Question
Option D: Mauritius and Singapore
The correct answer is “Mauritius and Singapore”.
According to June 2024 data from Invest India, Mauritius was the top contributor to India's foreign direct investment (FDI) in FY 2023-24, accounting for 25% of total inflows. However, Singapore was the largest contributor in terms of dollar value, with over $11 billion, or 24% of the total.
Mauritius (25%), Singapore (23%), USA (9%), Netherland (7%) and Japan (6%) emerge as top 5 countries for FDI equity inflows into India FY 2023-24.
Top 5 States receiving highest FDI Equity Inflow during FY 2023-24 are Maharashtra (30%), Karnataka (22%), Gujarat (17%), Delhi (13%), and Tamil Nadu (5%).