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Home>>Business>>India’s total FDI inflow rises 38% to $6.24 bn in April
Business

India’s total FDI inflow rises 38% to $6.24 bn in April

international media news
June 24, 2021 136 Views0

India has attracted a total foreign direct investment (FDI) inflow of $6.24 billion in April 2021, which is 38 per cent higher compared to the total inflow of $ 4.53 billion in the corresponding month last year.

Measures taken by the Government on the fronts of Foreign Direct Investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country, according to the commerce ministry.

During the month, FDI Equity inflows amounting to $4.44 billion were reported in the country which is an increase of 60% as compared to $2.77 billion in the same month last year, the government data showed.

Mauritius stands as the top investing country with 24% of the FDI Equity inflows, followed by Singapore (21%) and Japan (11%).

Among states, Karnataka is the top recipient during April, 2021 with 31% share of the total FDI Equity inflows, followed by Maharashtra (19%) and Delhi (15%).

‘Computer Software & Hardware’ has emerged as the top sector during April, 2021 with around 24%share of the total FDI Equity inflow followed by Services Sector (23%) and Education Sector (8%) respectively.

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