FDI inflow: India attracts over USD 72 billion FDI in April-Jan FY21, Japan leads the list
FDI inflow: India attracts over USD 72 billion FDI in April-Jan FY21, Japan leads the list
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India has attracted record total Foreign Direct Investment (FDI) inflow for the first ten months of a financial year in 2020-21.

Consequently, the inflow rose to USD 72.12 billion during April to January 2021, 15 percent higher as compared to the first ten months of 2019-20, when it stood at USD 62.72 billion.

According to the ministry, Japan has been leading the list of investor countries to invest in India with 29.09 percent of the total FDI equity inflows during January 2021, followed by Singapore at 25.46 percent and the US 12.06 percent.

"In terms of top investor countries, 'Singapore' is at the zenith with 30.28 percent of the total FDI equity inflow followed by USA (24.28 percent) and UAE (7.31 percent) for the first ten months of the current financial year 2020-21."

"The trends show that the FDI equity inflow grew by 28 percent in the first ten months of F.Y. 2020-21 ($54.18 billion) compared to the year-ago period ($42.34 billion)," the Ministry of Commerce and Industry said.

"The 'Computer Software & Hardware' has emerged as the top sector during the first ten months of F.Y. 2020-21 with 45.81 percent of the total FDI equity inflow followed by 'Construction (Infrastructure) Activities' (13.37 percent) and 'Services Sector' (7.80 percent) respectively." "These trends in India's Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors."

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