Mauritius, Singapore and Japan were main generators of investments
India has attracted Foreign Direct Investment (FDI) of US$6.24 billion during April 2021, an increase of 38% from April 2020’s US$4.53 billion.
Measures taken by the Government to win foreign investments included FDI policy reforms, investment facilitation and ease of doing business, the Ministry of Commerce and Industry said in a release on 23 June 2021.
The following trends in India’s FDI are an endorsement of its status as a preferred investment destination amongst global investors:
FDI Equity inflows amounted to US$4.44 billion in April 2021, a 60% increase over April 2002’s US$2.77 billion.
Mauritius remained the top investing country with 24% of the FDI Equity inflows, followed by Singapore (21%) and Japan (11%).
Computer Software & Hardware sector was the big FDI Equity gainer in April 2021, taking 24% share of the total inflow.
The Services Sector received 23% and Education Sector 8% of the FDI Equity inflow.
Karnataka was the top FDI recipient state during April 2021 with 31% share of the total FDI Equity inflows, followed by Maharashtra 19% and Delhi 15%. #investment #banking #technology #manufacturing /fiinews.com
