Current Affairs - International - Discussion

Singapore emerged as the largest source of Foreign Direct Investment (FDI) to India in the July-September 2024 quarter, contributing 50% of the total USD 13.6 billion inflows, which marked a 43% increase compared to the previous year. Over the years, Singapore has played a vital role in India’s economic growth, with its cumulative FDI from April 2000 to March 2024 reaching approximately USD 159.94 billion. This strong partnership highlights Singapore's importance as India's key economic partner.