India Attracts FDI inflow of US$ 72.12 billion in COVID-struck year, April 2020 to January 2021
Japan leads the list of Investor countries with 29.09% of the total FDI equity inflows during January 2021
A Ministry of Commerce and Industry has claimed that the Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation, and ease of doing business have resulted in increased FDI inflows in the country.
The trends show that the FDI equity inflow grew by 28% in the first ten months of F.Y. 2020-21 (US$ 54.18 billion) compared to the year-ago period (US$ 42.34 billion).In terms of top investor countries, ‘Singapore’ is at the apex with 30.28% of the total FDI Equity inflow followed by the U.S.A (24.28%) and UAE (7.31%) for the first ten months of the current financial year 2020-21.
Japan has been leading the list of investor countries to invest in India with 29.09% of the total FDI equity inflows during January 2021, followed by Singapore (25.46%) and the U.S.A. (12.06%).
Computer Software & Hardware has emerged as the top sector during the first ten months of F.Y. 2020-21 with 45.81% of the total FDI Equity inflow followed by Construction (Infrastructure) Activities (13.37%) and Services Sector (7.80%) respectively.
As per the trends shown during the month of January 2021, the consultancy services emerged as the top sector with 21.80% of the total FDI Equity inflow followed by Computer Software & Hardware (15.96%) and Service Sector (13.64%).
These trends in India’s Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors.
