Big decline in FDI from Cayman Islands, Cyprus to India in April-September

There has been a sharp decline in Foreign Direct Investment (FDI) coming to India from Cayman Islands and Cyprus during the first half of the current financial year.

According to government data, FDI from Cayman Islands to India declined by 75 percent to $ 145 million in the April-September 2023 period, from $ 582 million in the same period of the last financial year.

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