FDI equity inflows rise by 40% during Apr-Dec 2020
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BusinessToday.In
Mar 05, 2021,
Updated Mar 06, 2021, 10:13 AM IST
India has attracted a total FDI inflow of $67.54 billion during April to December 2020. It is the highest ever for the first ninth months of a financial year and 22% higher as compared to the first ninth months of 2019-20 ($ 55.14 billion).
FDI equity inflow grew by 40% in the first 9 months of FY21 ($51.47 billion) compared to the year ago period ($36.77 billion).
FDI inflow increased by 37% in third quarter of FY21 ($26.16 billion) compared to third quarter of FY20 ($19.09 billion).
FDI inflow showed positive growth of 24% in December 2020 ($9.22 billion) compared to December 2019 ($7.46 billion).
Total FDI inflow from top 10 countries was Rs 3.3 lakh crore, in which Singapore had the highest share of Rs 1.1 lakh crore in April-Dec 2020.