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What is the news?
The Ministry of Commerce and Industry has released data regarding the Foreign Direct Investment (FDI) inflows in 2020-21.
FDI Inflows in 2020-21
– India has registered the highest ever annual FDI inflow of $81.97 billion in 2020-21.
– FDI inflows in the last seven financial years is over $440 billion which is nearly 58% of the total FDI inflow in the last 21 financial years.
– The top five countries from where FDI Equity Inflows were received during 2014 to 2021 are Singapore, Mauritius, USA, Netherlands and Japan.
– The Computer Software and Hardware sector attracted the largest share of FDI inflows followed by Service, Trading and Telecommunications.
Source: This post is based on the article “India registers highest-ever annual FDI inflow of 81.97 billion dollars in 2020-21” published in AIR on 17th Dec 2021.
