Gross FDI flows to India accelerate to $90.8 billion, services sector dominates: Morgan Stanley

Gross FDI flows to India accelerated to $90.8 billion in January 2026, driven by strong demand and investments. The services sector dominates FDI flows, accounting for 46 per cent of the share, while manufacturing flows have diversified to sectors such as autos and electronics. Gross FDI (ex repatriation) improved to a three-year high of $36.3 billion in January 2026, rising 38.4 per cent on-year.