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India records highest ever FDI influx of 83.57 bn

BNE ADMIN


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Guwahati: In 2021-22, India received the highest-ever yearly FDI influx of USD 83.57 billion.

In 2014-2015, India received 45.15 billion USD in FDI, compared to the largest ever annual FDI inflow of USD 83.57 billion reported for the fiscal year 2021-22, surpassing the previous year's FDI by USD 1.60 billion despite the military intervention in Ukraine and the COVID-19 pandemic.

According to the commerce ministry, India's FDI inflows have surged 20-fold from FY03-04, when inflows were barely USD 4.3 billion.

Furthermore, India is quickly becoming a popular destination for international investment in the industrial sector. When compared to the previous fiscal year, FDI equity inflows into the manufacturing sector surged by 76% in FY 2021-22 (USD 21.34 billion) (USD 12.09 billion).

For the fiscal year 2021-22, Singapore ranks first with 27% of total FDI equity inflows, followed by the United States (18%) and Mauritius (16%). 'Computer Software & Hardware' has emerged as the leading recipient sector of FDI equity inflows for FY 2021-22, accounting for around 25% of total inflows, followed by the Services Sector (12%) and the Automobile Industry (12%).

During FY 2021-22, the top recipient states of FDI equity inflows were Karnataka (53 percent), Delhi (17 percent), and Maharashtra (17 percent). Karnataka is the leading receiving state, accounting for 38 percent of total FDI equity inflows recorded for the fiscal years 2021-22, followed by Maharashtra (26 percent) and Delhi (14 percent ). The majority of Karnataka's stock inflows have been registered in the sector "computer software".

BNE ADMIN