FDI In India’s Renewable Sector Surges 56% YoY to $2.5 billion in FY23

This is the highest-ever investment in a year into the Indian renewable sector

May 31, 2023

/ Arjun Joshi
/ Finance and M&A, Renewable Energy
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Foreign Direct investment (FDI) in India’s renewable energy sector stood at $838 million (~₹69.2 billion) in the fourth quarter (Q4) of the financial year (FY) 2023, a 102% increase year-over-year (YoY) compared to $415 million (~₹32.1 billion).

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Arjun Joshi

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