Record Foreign Investment In The Country In FY 2020-21

Record foreign investment in the country in FY 2020-21; Highest investment came from Singapore, USA and Mauritius.

In spite of all the challenges of the Corona Crisis during the past year, foreign direct investment (FDI) arrivals in the country have reached their all-time highs.

According to the data of the Ministry of Commerce and Industry, the total FDI investment in the country reached $ 81.72 billion from April 1 last year to March 31 of this year ie during the last financial year (2020-21).

The figure was $ 74.39 billion in the year-ago period. In the last financial year, new investment by foreign investors in the equity market increased by 19 percent to $ 59.64 billion.

Record foreign investment: In the previous financial year (2019-20), the amount invested by foreign investors in the equity market was $ 49.98 billion.

These figures show that foreign investors have no doubt about the strength of the Indian economy and they have kept investing even in difficult times like the Corona crisis.

During the last financial year, apart from investing capital in equity, there were also a large number of cases of investing the earnings back in the stock markets.

In the case of investing countries, Singapore was at the forefront with 29 per cent share during the last financial year.

American investors accounted for 23 per cent of the total foreign investment in the Indian market during the financial year under review.

Mauritius investors accounted for nine per cent of the total investment in the Indian market during the last financial year.

At the same time, in the case of the sector, 44 percent foreign investment came in the computer software and hardware sector.

Foreign investors invested 13 percent in the construction infrastructure sector and eight percent in the service sector.

In the case of states, Gujarat has been at the forefront in attracting foreign investment during the last financial year. Gujarat accounted for 37 percent of the total foreign investment.

At the same time, investors invested 27 percent in Maharashtra and 13 percent in Karnataka.

The Commerce Ministry said that FDI has increased due to steps being taken by the government to improve FDI rules, various facilities being offered to investors and measures to ease ease of doing business.

This also shows that India remains the preferred investment destination for foreign investors.