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FDI equity inflows into India increases by 60% to $4.44 billion in April 2021
Jun-24-2021

The commerce and industry ministry in its latest data has showed that foreign direct investment (FDI) equity inflows into India increased by 60 percent to $4.44 billion in April 2021 as against $2.77 billion in the same month last year. Besides, the country has attracted total FDI inflow, including equity, re-invested earnings and capital, of $6.24 billion during April, 2021, which is 38 percent higher as compared to inflow of $4.53 billion in April 2020.

It stated that measures taken by the government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country. Foreign inflows in March had dipped to $2.87 billion from $4.27 billion in March 2020. In February too, FDI declined to $2.58 billion from $3.36 billion in the same month last year.

According to the data, during April 2021, Mauritius was the top investing country with 24 per cent of the FDI equity inflows, followed by Singapore (21 per cent) and Japan (11 per cent), it said. Computer software and hardware emerged as the top sector during the month with around 24 per cent share of the total FDI equity inflows. It was followed by services, and education sectors. Karnataka was the top recipient state during April with 31 per cent share, followed by Maharashtra and Delhi.

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