FDI in India: Singapore topped the FDI case for the third consecutive year. A total investment of $ 17.41 billion has come from there.
FDI came to about $ 60 billion.
FDI in India: During the Corona period, there was a large amount of foreign investment in the country. According to the data released by the government, FDI registered a growth of 19 per cent in the financial year 2020-21 and the total figure was $ 59.64 billion. Many changes have been made in the policy by the government to woo the investors. The government’s focus is on ease of doing business, the effect of which is also visible.
According to DPIIT’s report, if the total FDI and earnings-capital are reinvested, the figure reaches $ 81.72 billion. It has grown by 10 per cent on a yearly basis. In the financial year 2019-20, this figure was 74.39 billion dollars. The highest FDI has come from Singapore, followed by America.
Singapore tops the third year in a row
Singapore topped the FDI case for the third consecutive year. A total investment of $ 17.41 billion has come from there. After that, FDI of $ 13.82 billion has come from America. FDI from Mauritius stood at $ 5.64 billion. This was followed by investments of $ 4.2 billion from UAE, $ 2.79 billion from Cayman Iceland, $ 2.78 billion from the Netherlands, $ 2.04 billion from the UK, $ 1.95 billion from Japan, $ 667 million from Germany and $ 386 billion from Cyprus.
The highest FDI for computer software
In the fiscal year 2020-21, the maximum FDI has come for computer software and then for the hardware sector. FDI worth $ 26.14 billion came for these two sectors. After this, investment has come to $ 7.87 billion for the construction sector and $ 5 billion for the service sector.
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