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India see highest ever FDI in FY21, Gujarat tops inflows among states

India see highest ever FDI in FY21, Gujarat tops inflows among states

India Today
Friday, May 28, 2021 09:21:30 AM UTC

Gujarat has emerged as the top FDI destination, accounting for 37 per cent of the total inflows out of all states in the country. Maharashtra (27 per cent) and Karnataka (13 per cent) were second and third in terms of investment received.

India saw its highest-ever inflow of foreign direct investment (FDI) of $81.72 billion during the financial year 2020-21. It is a 10 per cent rise on a year-on-year basis, as per the latest data provided by the commerce and industry ministry. Out of all states in the country, Gujarat has emerged as the top FDI destination, accounting for 37 per cent of the total inflows. Maharashtra (27 per cent) and Karnataka (13 per cent) were second and third in terms of inflows received. It may be noted that Gujarat has bagged the top spot for the fourth consecutive year in a row. The state saw total FDI inflow of $30.23 billion in the last financial year.
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