‘FDI more than doubles to $20.42 billion’
The Hindu
Total FDI inflow rose to $27.37 billion during the first four months of 2021-22
Foreign direct investments (FDI) into the country more than doubled to $20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday.
Total FDI inflow rose to $27.37 billion during the first four months of 2021-22. In the year-earlier period, this was at $16.92 billion. Automobile industry emerged top, accounting for 23% share of the total FDI equity inflows, followed by computer software and hardware (18%) and services sector (10%).
Karnataka was the top recipient with 45% share of the total FDI equity inflows followed by Maharashtra (23%) and Delhi (12%).
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