Recent measures taken by the India Government on the fronts of policy reforms, desterilisation of offences, investment facilitation and overall ease of business in India have resulted in increase in FDI inflows into the country.
The following facts on Foreign Direct Investment in India are an endorsement
of its status as a preferred investment destination amongst global investors:
- India has attracted total FDI inflow of US$ 27.37 billion during first quarter of F.Y. 2021-22 which is 62% higher as compared to corresponding period of F.Y. 2020-21 (US$ 16.92 billion).
- FDI equity inflow grew by 112% in the first four months of F.Y. 2021-22 (US$ 20.42 billion) compared to the year ago period (US$ 9.61 billion)
- The top three sectors receiving FDI inflow during the first quarter of FY 2021-22 are as follows:
|S. NO.||SECTOR||FDI SHARE|
|2.||Computer Software & Hardware||18%|
Under the sector `Automobile Industry’, majority of FDI Equity inflow (87%) was reported in the state of Karnataka during the first four months of the current financial year (2021-22).
- The top three recipients of FDI Equity inflow during the F.Y. 2021-22 (up to July, 2021) are as follows:
S. NO. STATE FDI SHARE 1. Karnataka 45% 2. Maharashtra 23% 3. Delhi 12%
The recent efforts and policy reforms by the Government have certainly reinforced global investor’s confidence in India.
For details, please refer to the link of the press release as follows https://pib.gov.in/PressReleasePage.aspx?PRID=1756999
PDF is also attached:https://www.dpncindia.com/blog/wp-content/uploads/2021/09/Regulatory-Update.pdf
The information contained herein is in summary form based on the Press Released by MCA dated 22.09.2021. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Reader should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This note is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies upon it.