India’s FDI flow doubles during the first quarter of the current fiscal year compared to last year

FDI equity inflow grew by 168 percent in the first three months of Financial Year 2021-22 which is 17.57 billion dollars compared to the year-ago period which was 6.56 billion dollars.

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India’s FDI flow doubles during first quarter of the current fiscal year compared to last year

India has attracted a total FDI inflow of 22.53 billion dollars from April to June, this year which is 90 percent higher as compared to the first three months of 2020-21 which was 11.84 billion dollars.

FDI equity inflow grew by 168 percent in the first three months of Financial Year 2021-22 which is 17.57 billion dollars compared to the year-ago period which was 6.56 billion dollars.

Commerce and Industry Ministry said Automobile Industry has emerged as the top sector during the first three months of the Financial Year 2021-22 with a 27 percent share of the total FDI Equity inflow followed by Computer Software and Hardware 17 percent and the Services Sector 11 percent.

Under the sector Automobile Industry, the majority of FDI Equity inflow 88 percent were reported in the state of Karnataka during the first three months of the current financial year.

Karnataka is the top recipient state during the Financial Year 2021-22 up to June 2021 with a 48 percent share of the total FDI equity inflows followed by Maharashtra 23 percent and Delhi 11 percent.

Summary
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India’s FDI flow doubles during the first quarter of the current fiscal year compared to last year
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FDI equity inflow grew by 168 percent in the first three months of Financial Year 2021-22 which is 17.57 billion dollars compared to the year-ago period which was 6.56 billion dollars.
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THE POLICY TIMES
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