India attracts highest ever total FDI inflow of $81.72 bn in 2020-21

In terms of top investor countries, ‘Singapore’ is at the apex with 29 per cent, followed by the US with 23 per cent and Mauritius 9 per cent for FY 2020-21.

Out of top 10 countries, Saudi Arabia is the top investor in terms of percentage increase during FY 2020-21. It invested $2816.08 million in comparison to $89.93 million reported in the previous financial year, an official statement said.

"Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country," the ministry of commerce & industry said in a statement.

FDI equity inflow grew by 19 per cent in FY 2020-21 to $59.64 billion compared to $49.98 billion in FY 2019-20. FDI equity inflow from the US and the UK increased by 227 per cent and 44 per cent respectively, during FY 2020-21 compared to FY 2019-20.

The state of Gujarat was the top recipient during FY 2020-21 with 37 per cent share of the total FDI equity inflows, followed by Maharashtra (27 per cent) and Karnataka (13 per cent).

Fibre2Fashion News Desk (RKS)