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FDI Inflows grow 62% during first four months of current Financial Year over corresponding period last year

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....DI Inflows grow 62% during first four months of current Financial Year over corresponding period last year <br>News and Press Release<br>Dated:- 22-9-2021<br><BR>FDI Inflows grow 62% during first four months of current Financial Year over corresponding period last year FDI equity inflows +112% over same period Measures taken by the Government on the fronts of FDI policy reforms, investment facil....

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....itation and ease of doing business have resulted in increased FDI inflows into the country. The following trends in India's Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors: * India has attracted total FDI inflow of US$ 27.37 billion during first four months of F.Y. 2021-22 which is 62% higher as compared to corresponding p....

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....eriod of F.Y. 2020-21 (US$ 16.92 billion). * FDI equity inflow grew by 112% in the first four months of F.Y. 2021-22 (US$ 20.42 billion) compared to the year ago period (US$ 9.61 billion). * 'Automobile Industry' has emerged as the top sector during the first four months of F.Y. 2021-22 with 23% share of the total FDI Equity inflow followed by Computer Software & Hardware (18%) and Services Se....

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....ctor (10%) respectively. * Under the sector `Automobile Industry', majority of FDI Equity inflow (87%) was reported in the state of Karnataka during the first four months of the current financial year (2021-22). * Karnataka is the top recipient state during the F.Y. 2021-22 (upto July, 2021) with 45% share of the total FDI Equity inflows followed by Maharashtra (23%) and Delhi (12%).<BR> News ....

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....- Press release - PIB....