New Delhi, Jan 29 || India remains the world’s largest recipient of remittances, with inflows reaching $135.4 billion in FY25, supporting stability in the external account, the Economic Survey 2025-26 said on Thursday.
The share of remittances from advanced economies increased, reflecting a growing contribution from skilled and professional workers, said the Survey tabled by Finance Minister Nirmala Sitharaman in Parliament.
A unified effort to reduce manufacturing costs is required for enhancing India’s export competitiveness, the Survey noted.
Further, durable external resilience and stronger currency credibility can emerge from augmenting manufacturing export capacity, supported by a disciplined, productivity-oriented industrial policy, careful management of input costs across value chains, and the complementary growth of high-value services.
India has consistently attracted sizeable gross investment inflows, amounting to 18.5 per cent of GDP in FY25, even amid tightening global financial conditions.
According to UNCTAD data, India remained the largest recipient of gross FDI inflows in South Asia and surpassed major Asian peers such as Indonesia and Vietnam.