India recorded highest ever FDI inflows throughout 2020-21
India attracted highest ever complete FDI influx of $81.72 billion through the monetary 12 months 2020-21, which is 10 per cent larger as in comparison with the corresponding fiscal of 2019-20, when the inflows had been $74.39 billion.
In a press release issued by the Commerce Ministry, FDI fairness influx grew by 19 per cent in 2020-21 and had been $59.64 billion, in comparison with $49.98 billion in 2019-20.
Computer software program & {hardware} emerged as the highest sector throughout 2020-21 with round 44 per cent share of the entire FDI fairness influx adopted by building (infrastructure) actions (13 per cent) and companies sector (8 per cent) respectively.
Major sectors particularly building (infrastructure) actions, pc software program & {hardware}, rubber items, retail buying and selling, medicine & prescribed drugs and electrical gear have recorded greater than 100 per cent leap in fairness throughout 2020-21 as in comparison with the earlier 12 months.
Saudi Arabia has emerged as one of many prime investor by way of share improve throughout 2020-21 in India. It invested $2816.08 million compared to $ 89.93 million reported within the earlier monetary 12 months, in India.
Increase in FDI fairness influx from the US and the UK had been 227 per cent and 44 per cent respectively in 2020-21 in comparison with 2019-20.
