Business

‘FDI more than doubles to $20.42 billion’

Foreign direct investments (FDI) into the country more than doubled to $20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday.

Total FDI inflow rose to $27.37 billion during the first four months of 2021-22. In the year-earlier period, this was at $16.92 billion. Automobile industry emerged top, accounting for 23% share of the total FDI equity inflows, followed by computer software and hardware (18%) and services sector (10%).

Karnataka was the top recipient with 45% share of the total FDI equity inflows followed by Maharashtra (23%) and Delhi (12%).


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Printable version | Oct 20, 2021 10:07:01 PM | https://www.thehindu.com/business/fdi-more-than-doubles-to-2042-billion/article36619175.ece

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