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India attracts FDI inflow of $67.54 bn in Apr-Dec 2020

09 Mar '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

India attracted total foreign direct investment (FDI) inflow of $67.54 billion between April and December last year—the highest ever for the first ninth months of a fiscal and 22 per cent higher than $55.14 billion in the first ninth months of fiscal 2019-20. FDI equity inflow grew by 40 per cent to $51.47 billion in that period compared to $36.77 billion during the same period in the last fiscal.

FDI inflow increased by 37 per cent in the third quarter of 2020-21 to $26.16 billion compared to $19.09 billion in the same period of the previous fiscal, according to an official release.

FDI inflow showed positive growth of 24 per cent in December 2020 at $9.22 billion compared to $7.46 billion in the same month in 2019.

Fibre2Fashion News Desk (DS)

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