Reserve Bank of India (RBI) Data Shows India's Net FDI Surging to $7.35 Billion in July, Highest Since May 2021

Key facts

• India's net Foreign Direct Investment (FDI) inflows rose to $7.35 billion in July 2026, the highest monthly inflow since May 2021's $8.80 billion, as per Reserve Bank of India (RBI) data.
• Gross FDI in July stood at $14.58 billion, the third-highest in the last six years; net and gross FDI were up 64% and 24% respectively compared to July 2025.
• For the first four months of 2026-27, net FDI inflows amounted to $13.43 billion, up 38% year-on-year, while gross FDI rose 13% to $43.85 billion.
• Communication, financial and computer services received more than four-fifths of equity inflows, with Mauritius, the UAE and the US accounting for about 70% of equity inflows.
• In July, foreign investors repatriated $3.84 billion (down 16% on year) and Indian companies' outward FDI rose 26% to $3.39 billion, mainly directed towards Singapore, the UK and the UAE.
• Gross FDI rose 17% to $97 billion in 2025-26, while foreign investors sold Indian stocks and bonds worth $6.54 billion so far in 2026-27, after $16.59 billion of sales in 2025-26.