Current Trends in Indian Economy

Current Trends in Indian Economy

$13 bn FDI in non-conventional energy sector

    • India’s Domestic non-conventional energy sector has received over USD 13 billion through Foreign Direct Investment (FDI) route in the last 22 years.
    • 100 percent FDI through automatic route is allowed for the promotion of solar power generation in the country.
    • Non-conventional sources of energy include solar, wind and other renewable sources.
    • As per the country-wise details of FDI/ equity inflow during the period April, 2000 to September, 2022, India received USD 13.034 billion as offshore investment.
  • The top contributor is Mauritius, followed by the United Kingdom, Singapore, Netherland and UAE.
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