FDI inflow touches $82 bn in FY21
The Hindu
Equity investments rise 19% to $60 billion
Foreign direct investment (FDI) flows into India grew 10% in 2020-21 to touch a record $81.72 billion, with FDI equity inflows rising 19% to almost $60 billion, the Commerce and Industry Ministry said on Monday. Singapore emerged as the top investor with almost a third of all investments, followed by the U.S. which accounted for 23% of FDI and Mauritius from where 9% of the foreign capital flows originated. FDI equity flows from the U.S. more than doubled during the year compared with 2019-20, while investments from the U.K. surged 44%. However, the sharpest growth among the top 10 FDI-origin countries was recorded from Saudi Arabia. Investments from the oil-rich nation jumped from a mere $90 million in 2019-20 to $2.8 billion last year.
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