Sunday, August 1, 2021

India attracted 38% higher FDI inflow during April, 2021 as compared to April, 2020

The Ministry of Commerce and Industry has said that India has attracted a total Foreign Direct Investment (FDI) inflow of 6.24 billion US dollars during April, 2021 and it is 38 per cent higher as compared to April, 2020. The Ministry said, measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.

It said, during April, 2021, FDI Equity inflows amounting to 4.44 billion US dollar were reported in the country which is an increase of 60 per cent over the FDI Equity inflow of April, 2020. The Ministry said, during April, 2021, Mauritius is the top investing country with 24 per cent of the FDI Equity inflows, followed by Singapore with 21 percent and Japan with 11 per cent.

Ministry said, Computer Software and Hardware’ has emerged as the top sector during April, 2021 with around 24 per cent share of the total FDI Equity inflow followed by Services Sector with 23 per cent and Education Sector with 8 per cent. It said, Karnataka is the top recipient state during April, 2021 with 31 per cent share of the total FDI Equity inflows, followed by Maharashtra with 19 per cent and Delhi with 15 per cent.

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