‘FDI more than doubles to $20.42 billion’
The Hindu
Total FDI inflow rose to $27.37 billion during the first four months of 2021-22
Foreign direct investments (FDI) into the country more than doubled to $20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday.
Total FDI inflow rose to $27.37 billion during the first four months of 2021-22. In the year-earlier period, this was at $16.92 billion. Automobile industry emerged top, accounting for 23% share of the total FDI equity inflows, followed by computer software and hardware (18%) and services sector (10%).
Karnataka was the top recipient with 45% share of the total FDI equity inflows followed by Maharashtra (23%) and Delhi (12%).
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.