India registers highest-ever annual FDI inflow
What’s in the news?
- The Ministry of Commerce and Industry announced that India has registered the highest ever annual Foreign Direct Investment (FDI) inflow of 81.97 billion dollar in 2020-21.
- FDI inflows in the last seven financial years is over 440 billion dollars, which is nearly 58 percent of the total FDI inflow in the last 21 financial years.
- Top five countries from where FDI Equity Inflows were received during 2014 to 2021 are Singapore, Mauritius, USA, Netherlands and Japan.
- Computer Software and Hardware sector attracted the largest share of FDI inflows, followed by Service, Trading and Telecommunications.
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