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FDI inflow hits all-time high of $83.57 bn in 2021-22

In terms of top investor countries, Singapore is at the top with 27% followed by the US (18%) and Mauritius (16%) during the last fiscal
Last Updated 20 May 2022, 15:09 IST

India recorded its highest-ever annual FDI inflow of $83.57 billion in Financial Year 2021-22.

FDI Equity inflow in Manufacturing Sectors have increased by 76 per cent in 2021-22 to $21.34 billion compared to the previous year's investments of $12.09 billion.

Karnataka received the highest FDi equity inflow among states with 38 per cent, followed by Maharashtra (26 per cent) and Delhi (14 per cent). Majority of the equity inflow of Karnataka has been reported in the sectors 'Computer Software & Hardware’ (35 per cent), 'Automobile Industry' (20 per cent) and 'Education’ (12 per cent) during FY22, government data showed.

FDI inflows have increased by 23 per cent post-Covid to $171.84 billion in comparison to pre-Covid FDI inflow of $141.10 billion, the commerce ministry said.

In terms of top investor countries of FDI equity inflow, Singapore is at the top with 27 per cent, followed by US (18 per cent) and Mauritius (16 per cent) for FY 2021-22.

Computer Software & Hardware emerged as the top recipient sector of FDI equity inflow during the previous fiscal with a share of around 25 per cent, followed by the services sector and automobile industry (12 per cent each) respectively.

Under the sector 'Computer Software & Hardware’, the major recipient states of FDI Equity inflow were Karnataka (53 per cent), Delhi (17 per cent) and Maharashtra (17 per cent) during.

"The steps taken by the Government during the last eight years have borne fruit as is evident from the ever-increasing volumes of FDI inflow being received into the country, setting new records. The Government reviews the FDI policy on an ongoing basis and makes significant changes from time to time, to ensure that India remains an attractive and investor friendly destination," the ministry said in a statement.

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(Published 20 May 2022, 11:28 IST)

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