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India's FDI inflows up 62% in first 4 months of FY22
24 Sep '21
1 min read
Pic: Shutterstock
India has attracted total FDI inflow of $27.37 billion during first four months of FY 2022, which is 62 per cent higher as compared to corresponding period of FY 2021 ($16.92 billion). Measures taken by the government for FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.
FDI equity inflow grew by 112 per cent in the first four months of FY 2021-22 ($20.42 billion) compared to the same period a year ago ($9.61 billion), the ministry of commerce and industry said in a press release.
Karnataka is the top recipient state during FY 2022 (up to July 2021) with 45 per cent share of the total FDI equity inflows followed by Maharashtra with 23 per cent and Delhi with 12 per cent.
Fibre2Fashion News Desk (KD)
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