FDI equity inflow into India declined by 16 per cent to $43.17 billion during April-December, 2021
new Delhi:
According to the Department for Promotion of Industry and Internal Trade (DPIIT), foreign direct investment (FDI) equity inflows into India grew 16 per cent to $43.17 billion during the April-December 2021 period.
The inflow during the corresponding period last year was $51.47 billion.
The total FDI inflows (which includes equity inflows, reinvestment proceeds and other capital) during the nine months of the current financial year together stood at $60.34 billion, as against $67.5 billion in the same period a year ago.
The data shows that equity inflows also declined to $12 billion in the third quarter (October-December 2021) of this fiscal, from $21.46 billion in the same period of 2020.
Total FDI inflows fell to $17.94 billion during the third quarter as against 26.16 billion% in the same period a year ago.
During April-December 2021, Singapore was at the top with an investment of $11.7 billion. It is followed by the US ($7.52 billion), Mauritius ($6.58 billion), the Cayman Islands ($2.74 billion), the Netherlands ($2.66 billion) and the UK ($1.44 billion).
The computer software and hardware sector attracted maximum investment of $10.25 billion during the nine months of the current fiscal. It was followed by the automobile industry ($5.96 billion), the services sector ($5.35 billion), construction (infrastructure) activities ($1.6 billion) and pharma ($1.2 billion).
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