FDI Inflow Into India’s Renewable Energy Sector Surged 269% YoY in Q1 FY 2023

The cumulative FDI inflow in the renewable sector stood at $11.75 billion at the end of June 2022

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Foreign Direct investment (FDI) in India’s renewable energy sector stood at $949.45 million (₹75,555 million) in the first quarter (Q1) of the financial year (FY) 2022-23, an increase of 269% compared to $257.09 million (~₹20.49 billion) during the same period last year. With nine more months to go, this could be the best year for foreign direct investments in the sector.

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