Foreign investment inflow falls to $5 billion in January 2021
Foreign investment inflow falls to $5 billion in January 2021
BusinessToday.In
- Mar 23, 2021,
- Updated Mar 23, 2021 9:54 AM IST
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Net foreign direct investment (FDI) flows moderated in January 2021 due to lower equity inflows. Nevertheless, net FDI increased to $44 billion cumulatively in 2020-21 (April-January) from $36.3 billion a year ago.
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Direct investments to India in January 2021 were $3,900 as compared to $7,334 million in December 2020.
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Foreign Direct Investment by India in January 2021 reduced to $380 million from $825 million in December 2020.
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Net inflows of foreign direct investment (FPI) fell to $1.5 billion from $8.4 billion in December 2020.
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India witnessed net foreign investment inflows of $5 billion in January 2021, as compared to net inflows of $14.9 billion in the preceding month. SHIVANI SHARMA, PRAGATI SRIVASTAVA