India recorded highest ever FDI inflow of over $81 billion in FY21 - Hindustan Times
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India recorded highest ever FDI inflow of over $81 billion in FY21

ByGireesh Chandra Prasad, New Delhi
May 25, 2021 12:55 AM IST

The boost in FDI inflow in FY21 comes in the backdrop of a series of policy steps taken to improve ease of doing business and to attract investments into domestic manufacturing capacity and an ambitious infrastructure project pipeline.

India received $81.72 billion foreign direct investment (FDI) in FY21, the highest ever and 10% more than what was received in the year before, with Singapore, US and Mauritius being the top investors, said an official statement.

In the year before, India had attracted $74.39 billion in FDI, said the statement from the commerce and industry ministry.(File photo)
In the year before, India had attracted $74.39 billion in FDI, said the statement from the commerce and industry ministry.(File photo)

The boost in FDI inflow in FY21 comes in the backdrop of a series of policy steps taken to improve ease of doing business and to attract investments into domestic manufacturing capacity and an ambitious infrastructure project pipeline.

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In the year before, India had attracted $74.39 billion in FDI, said the statement from the commerce and industry ministry. Among major investing countries, Singapore accounted 29% of the FDI inflow in FY21, followed by the US which accounted for 23%, and Mauritius which accounted for 9%.

Among industries, computer software and hardware topped the investment chart in FY21 accounting for 44% share of the inflow. It is followed by infrastructure activities which accounted for 13% and services that accounted for 8% respectively, the statement said.

Commerce ministry said Gujarat topped the list of states in attracting FDI cornering 37% of the total inflows in FY21, followed by Maharashtra which cornered 27% and Karnataka 13%. Gujarat cornered most of the inflow into computer software and hardware, representing 78% of the total inflows under this classification. Karnataka and Delhi remained far behind Gujarat in attracting FDI within this sector with 9% and 5% share respectively.

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