FDI in India’s Renewable Sector Up 50% YoY to $3.7 Billion in FY 2024

The cumulative FDI in the renewable sector stood at $17.07 billion

August 20, 2024

/ Finance and M&A, Other, Renewable Energy

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Foreign Direct investment (FDI) in India’s renewable energy sector saw a rise of 50% year-over-year (YoY) in the financial year (FY) 2023-24. FDI in renewables stood at $3.76 billion (₹315.84 billion) compared to $2.5 billion (₹206.5 billion) the last financial year, according to Ministry of Commerce and Industry data.

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Arjun Joshi

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FDI in India’s Renewable Sector Up 50% YoY to $3.7 Billion in FY 2024

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