FDI inflow hits all-time high of $83.57 bn in 2021-22
- May 21, 2022
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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FDI inflow hits all-time high of $83.57 bn in 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 percent), ‘Automobile Industry’ (20 percent) and ‘Education’ (12 percent) during FY22.
- FDI inflows have increased by 23 percent post-Covid to $171.84 billion in comparison to pre-Covid FDI inflow of $141.10 billion.
- In terms of top investor countries of FDI equity inflow, Singapore is at the top with 27 per cent, followed by the US (18 per cent) and Mauritius (16 per cent) for FY 2021-22.
- Under the sector ‘Computer Software & Hardware’, the major recipient states of FDI Equity inflow were Karnataka (53 percent), Delhi (17 percent) and Maharashtra (17 percent).