2022 © Made byExampur
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.
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.
Amount of FDI inflows
(in USD billion)
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