New Delhi: Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September (H1) FY26, while the inflow from the US more than doubled to $6.62 billion during H1 FY26, according to government data released on Monday. FDI during H1 FY24 stood at $29.79 billion.
During the June-September quarter of 2025-26, the inflows increased by over 21 per cent year-on-year to $16.55 billion.
Total FDI, which includes equity inflows, reinvested earnings and other capital, increased to about $50 billion during the first six months of this fiscal year as against $42.3 billion in the same period of 2024-25.
Inflows from the US rose to $6.62 billion during the latest six-month period from $2.57 billion recorded in H1 FY25.
Singapore was the largest source of FDI during the period, contributing $11.94 billion. It was followed by the US, Mauritius ($3.47 billion), UAE ($2.33 billion), Cayman Islands ($1.83 million), the Netherlands ($1.63 billion), Cyprus ($1.4 billion), and Japan ($1.21 billion).
The US is the third-biggest investor in India with investments of $77.27 billion between April 2000 and September 2025. The top investment source is Singapore ($186.82 billion), followed by Mauritius ($183.66 billion) in the same period.
Sector-wise, inflows during April-September this fiscal in computer software and hardware rose to $9 billion, services ($5 billion), trading ($2.78 billion), automobile ($1.57 billion), construction development ($233 million), non-conventional energy ($2 billion) and chemicals ($534 million).
Among states, the data showed, Maharashtra received the highest inflow of $10.57 billion during the period.
It was followed by Karnataka ($9.4 billion), Tamil Nadu ($3.57 billion), Haryana ($3.22 billion), Gujarat ($2.24 billion), Delhi ($2.3 billion), and Telangana ($1.14 billion). The government has put in place an investor-friendly FDI policy, under which most sectors are open for 100 per cent overseas inflows through the automatic route. The government has undertaken reforms across multiple sectors to liberalise FDI norms. Between 2014 and 2019, significant reforms included increased FDI caps in defence, insurance, and pension sectors, and liberalised policies for construction, civil aviation, and single-brand retail trading.
From 2019 to 2024, notable measures included allowing 100 per cent FDI under the automatic route in coal mining, contract manufacturing, and insurance intermediaries.
During FY25, FDI equity inflows were $50.01 billion, while the overall FDI stood at $80.6 billion.