Foreign Development Investment FDI image
On Monday, the commerce and industry ministry said that according to the measures taken by the government on the fronts of policy reforms, investment facilitation, and ease of doing business, foreign direct investments (FDI) into the country grew 19% during the financial year 2020-21.
The highest ever total FDI inflow of $81.72 billion has been attracted by India during 2020-21, which is 10% higher as compared to the year 2019-20. FDI equity inflow growth is 19% in the financial year 2020-2021 (US$ 59.64 billion) compared to the last financial year 2019-20 (US$ 49.98 billion).
The top investor countries are Singapore, at the top with 29%, followed by the USA (23%) and Mauritius (9%) for the year 2020-21.
The top sectors in the financial year 2020-21 are 'Computer Software and Hardware' with nearly 44% share of the FDI equity inflow followed by Infrastructure Activities (13%) and Services Sector (8%). The major receiver states under the sector 'Computer Software and Hardware' are Gujarat (78%), Karnataka (9%), and Delhi (5%).
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