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FDI Inflows into India’s Renewable Sector Fell by 51% QoQ in Q2 FY 2023

Weaker investors’ confidence due to global uncertainty primary reason

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Foreign Direct investment (FDI) in India’s renewable energy sector stood at $461.51 million (~₹38.22 billion) in the second quarter (Q2) of the financial year (FY) 2023, a 51% fall compared to $949.45 million (~₹78.62 billion) in Q1 FY 2023.

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