Karnataka attracts over Rs 62,000 crore FDI in April-June quarter

Karnataka attracted over Rs 62,000 crore FDI in the April-June quarter. The state's industry minister Murugesh Nirani said the state topped FDI inflows in India during the April-June quarter.

Karnataka attracted a maximum share of Rs 62,085 crore Foreign Direct Investment (FDI) in the April-June quarter in India, announced the state’s industry minister Murugesh Nirani on Wednesday. Murugesh Nirani said the state is the topped FDI inflows in India during the first quarter of FY22. “Karnataka attracted Rs 62,085 crore investments in the April-June fiscal and became a top recipient with 48% share of total FDIs in India. Our state had attracted Rs 30,746 crore FDI in 2019-20 and stood at the third spot and in 2020-21 we maintained the third spot by attracting Rs 56,884 crore,” Nirani said.