FDI reached an all-time high of $83.57 billion in the Financial Year 2021-22


Posted on 21 May 2022


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Foreign Direct Investment (FDI) reached an all-time high of $83.57 billion in the Financial Year 2021-22. The Ministry of Commerce and Industry announced this "landmark" statistic, calling it a "endorsement" of India's reputation among global investors. Coal mining, contract manufacturing, digital media, single brand retail trading, civil aviation, defence, insurance, and telecommunications were among the industries where the government had implemented reforms. According to a press release, Karnataka received 53% of FDI equity inflow during 2021-2022 in the domain of "Computer Software and Hardware," while Delhi received 17% and Maharashtra received 17%. "The Government reviews the FDI policy on an ongoing basis and makes significant changes from time to time, to ensure that India remains attractive and investor friendly destination. Government has put in place a liberal and transparent policy for FDI, wherein most of the sectors are open to FDI under the automatic route," an official statement read.


Key Points

  • Foreign Direct Investment (FDI) reached an all-time high of $83.57 billion in the Financial Year 2021-22.

  • According to a press release, Karnataka received 53% of FDI equity inflow during 2021-2022 in the domain of "Computer Software and Hardware," while Delhi received 17% and Maharashtra received 17%.


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