According to the data provided by the government,which country has emerged as the largest investor in India with USD 17.2 billion investment in FY23?

Solution

India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor in India during 2022-23.   The UAE was the fourth largest investor in India in 2022-23 compared to the seventh in 2021-22.   Singapore was the largest investor in India with USD 17.2 billion investment in FY23, followed by Mauritius (USD 6.1 billion) and the US (USD 6 billion).    The country accounts for about 2.5 per cent of the total FDI India received between April 2000 and March 2023.