FDI equity inflow into India up 168% at $17.57 billion in Q1 FY22
01 Sep 2021
Foreign equity inflows to Indian markets grew 168 per cent to $17.57 billion in the first three months of the current financial year, against inflows of $6.56 billion in the comparable period of the previous year.
Total FDI inflows during the April-June 2021-22 period rose 90 per cent to $22.53 billion compared to $11.84 billion in first three months of 2020-21.
Automobile industry accounted for 27 per cent share of the total Q1FY22 FDI inflows, followed by computer software and hardware (17 per cent) and service sector (11 per cnt), respectively
asures 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 following trends in India’s Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors:
Under the sector `Automobile Industry’, majority of FDI equity inflow (88 per cent) was reported in the state of Karnataka during the first three months of the current financial year (2021-22).
Karnataka is the top recipient state during the FY22 (up to June 2021) with 48 per cent share of the total FDI equity inflows, followed by Maharashtra (23 per cent) and Delhi (11 per cent).