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flag India's FDI surged 45% to $29.79B in H1, with Singapore contributing half of Q3's inflows.

flag Foreign direct investment (FDI) into India surged 45% year-on-year to USD 29.79 billion in the April-September 2024 period, driven by growth in services, computer, telecom, and pharmaceutical sectors. flag Singapore emerged as the largest FDI contributor, accounting for 50% of the total inflows in the July-September quarter, or USD 7.5 billion. flag Overall FDI inflows increased 28% to USD 42.1 billion in the first half of the fiscal year. flag Major FDI sources included Mauritius, the US, the Netherlands, and the UAE.

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