New Delhi: According to data issued by the Department for Promotion of Industry and Internal Trade (DPIIT), Singapore accounted for 37% of all foreign direct investment (FDI) equity inflows between April and December of FY26, totalling $17.6 billion. The next two suppliers, with 16% and 10% of the total, were the United States and Mauritius.
FDI from the Cayman Islands, an offshore tax haven, increased fivefold to $2 billion from $422 million in 2024. While inflows from Luxembourg increased to $545 million from $352.67 million during the same time, another tax haven from Cyprus invested $1.4 billion in India as opposed to $1.2 billion in 2024.
Between April and December of FY26, India received $47.87 billion in FDI equity inflows, of which $7.8 billion came from the United States and $4.8 billion from Mauritius. Among the top five investment nations were Japan and the United Arab Emirates.
According to the data, investments from Hong Kong decreased to $61.4 million from $87.7 million, while those from China increased to $6.49 million in 2025 from $3.73 million in 2024.
According to the data, Computer Software & Hardware (22%) and the Services Sector (Financial, Banking, and R&D) got inflows of $10.7 billion, making them the most appealing sectors for these funds.
In the first three quarters of FY26, the states with the largest foreign inflows were Maharashtra ($15.38 billion) and Karnataka ($11.15 billion).