FDI inflows record $ 72.12 billion in 10 months

Foreign direct investment (FDI) flows into India, including reinvested income, which hit a record $ 72.12 billion between April 2020 and January 2021, although fresh foreign equity investment in January 2021 to $ 2.71 from $ 7.62 billion in December 2020. Billion fell to.

Japan accounted for 29% of total FDI equity inflows in January, followed by Singapore and the US, with consultancy services receiving the largest investment (21.8%) in the month, followed by the computer software and hardware (around 16%) and the services sector ( 13.6%).

The Ministry of Commerce and Industry said the trends show that FDI equity inflows increased by 28% to US $ 54.18 billion in the first 10 months of FY 2020-21, when it stood at US $ 42.34 billion. In a statement on Monday for global investors, citing the trends as ‘favored its position as the preferred position’. The overall FDI inflow was 15% higher on a year-on-year basis.

About 62% of total equity investment in 2020–21 originated from Singapore, the US, and the UAE, with the computer software and hardware industry receiving approximately 46% of fresh investment. Construction (infrastructure) activities account for 13.37% of the equity FDI inflows, followed by 7.8% foreign equity investment in the services sector.