India Maintained Its Position As Top Recipient Of FDI From Singapore In 2023-24 Despite A Global Economic Downturn
In the fiscal year 2023-24, India's foreign direct investment (FDI) fell by roughly 3.5% due to global economic uncertainty. Despite this, India continued to receive significant FDI from Singapore, albeit in smaller amounts, preserving its status as the largest recipient of FDI from the island nation.
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