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  • DAILY CURRENT AFFAIRS:FDI inflow hits all-time high of USD 83.57 billion in 2021-22

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.


S. No.

Financial Year

Amount of FDI inflows

(in USD billion)

1.

2018-19

62.00

2.

2019-20

74.39

3.

2020-21

81.97

4.

2021-22

83.57

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