Increased Foreign Direct Investment (FDI) in India

The highest-ever total FDI inflow of US $81.72 billion during 2020-21.
Sheena

Updated: May 28, 2021 12:30:04 pm

28 May 2021 Current Affairs:There has been an increase in Foreign Direct Investment inflows into India. The government's policy reforms for Foreign Direct Investment (FDI), investment facilitation, and ease of doing business have all contributed to the increase.

Highlights: 
♦ The trends in India’s FDI are:
♦ The highest-ever total FDI inflow of US $81.72 billion during 2020-21.
♦ It is 10% higher than the previous year (US$ 74.39 billion).
♦ The top three investor countries are Singapore (29%), the United States (23%), and Mauritius (23%). (9 per cent)
♦ The following sectors received the most FDI: Computer Software and Hardware (44 per cent), Construction (infrastructure) activities (13 per cent), and Services sector (8 per cent)
Gujarat (37%) received the most FDI, followed by Maharashtra (27%) and Karnataka (27%). (13 per cent).
 
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