Data▲ Bullish for Indian equities
Gross FDI hits 15-year high, net FDI at five-year peak in Q1 FY27
The brief
- Gross FDI hit a 15-year high and net FDI a five-year peak in Q1 FY27
- Repatriation accounted for 44% of gross FDI; another 31% moved out as Indian companies made overseas investments
- FDI flows affect India's external financing and can influence the rupee and domestic market sentiment
- India Inc braces for weaker rupee as importer hedges hit record $77 billion
- India RBI's FX forward book tipped to shrink after touching $200 billion