Here's How Much Foreign Investment India Attracts Each Year
What we're showing
This chart visualizes annual foreign direct investment (FDI) in India, as of May 24, 2023.
Key takeaway
India is attracting upwards of $80 billion in foreign investment per year thanks to its large domestic market and gradually improving global competitiveness.
Context
We added context to this chart by highlighting past investments from major U.S. corporations. The most recent story, though, is Foxconn's $600M investment in India, which will also double the company's India workforce. Foxconn, a Taiwanese electronics contract manufacturer, is most commonly known for producing Apple's iPhone.
Dataset
| Year | FDI (USD billions) |
|---|---|
| 2000 | 2.2 |
| 2001 | 4 |
| 2002 | 6.1 |
| 2003 | 5 |
| 2004 | 4.3 |
| 2005 | 6.1 |
| 2006 | 9.7 |
| 2007 | 22.8 |
| 2008 | 34.8 |
| 2009 | 41.9 |
| 2010 | 37.7 |
| 2011 | 34.8 |
| 2012 | 46.6 |
| 2013 | 34.3 |
| 2014 | 36 |
| 2015 | 45.2 |
| 2016 | 55.6 |
| 2017 | 60.2 |
| 2018 | 61 |
| 2019 | 62 |
| 2020 | 74.4 |
| 2021 | 82 |
| 2022 | 84.8 |
| 2023* | 70.9 |
| *As of May 24, 2023 |
Data sources
Data accessed via S&P Global's August 2023 report, "Look Forward: India's Moment" Further reading on Foxconn's investment in India can be found here: https://www.cnbc.com/2023/08/02/iphone-maker-foxconn-to-invest-600-million-into-india-projects.html
