FDI inflow hits all-time high of USD 83.57 billion in 2021-22

Tags: National Economy/Finance

India recorded the highest annual foreign direct investment of $83.57 billion in FY 2021-22.

• In FY 2020-21, the FDI inflows were $81.97 billion. FDI equity inflows in manufacturing rose 76% in FY22.

• The FDI inflows registered a growth of 85 per cent in the last financial year. India has received over US$ 301 billion in the last four financial years.

• According to data from the Ministry of Commerce and Industry, the country's FDI inflows have increased 20-fold since the financial year 2003-04, when FDI inflows were only US$4.3 billion.

• As against FDI inflows of $141.10 billion in the pre-COVID period from February 2018 to February 2020, FDI from March 2020 to March 2022 grew by almost 22% to $171.84 billion.

• India is fast emerging as a preferred country for foreign investment in the manufacturing sector.

• Liberal and transparent policy for FDI and several other measures have resulted in record FDI inflows.

• Topmost investor

• Singapore was the largest investor in India in the last financial year.

• It accounted for 27% in FDI, followed by the US at 18% and Mauritius at 16%.

• Computer software and hardware emerged as the top recipient sector of FDI with an around 25% share.

• It is followed by the services and automobile sectors with a share of 12%.

• Top FDI recipient state

• Karnataka was the top recipient state with 38% share in the total FDI equity inflows during 2021-22.

• Maharashtra (26%) and Delhi (14%) were second and third.