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Tags: Economy/Finance
According to the data released by the Government of India on 20 May 2022 the total Foreign Direct Investment (FDI) in India during 2021-22 was $83.57 billion.
It is the highest ever FDI in India in a financial year. In 2020-21 the FDI was $ 81.97 billion.
Main trends of the FDI in 2021-22
Main source of FDI in 2021-22
Singapore was the major source of FDI in India with a share of 27% of total FDI in the period followed by U.S.A (18%) and Mauritius (16%).
Top recipient Sector
Maximum FDI was in the ‘Computer Software & Hardware’ sector which attracted around 25% of the total FDI followed by Services Sector (12%) and Automobile Industry (12%).
Top recipient State
Karnataka attracted the maximum FDI amongst states in India. Its share was 38% of the total FDI followed by Maharashtra (26%) and Delhi (14%).
What is Foreign Direct Investment (FDI)
Foreign Exchange Management act 1999(FEMA) which deals with Foreign exchange has defined Foreign Direct Investment.
Foreign Direct Investment is an investment through capital instruments by a person resident outside India (a) in an unlisted Indian company; or (b) in 10 percent or more of the paid-up equity capital of a listed Indian company.
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