Foreign currency rises sharply in Koro crisis, FDI rises 38% in April, Karnataka tops

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New Delhi, 24 June 2021 Thursday

Foreign direct investment (FDI) has also increased amid the second wave of Corona in the country. Figures from the Ministry of Commerce and Industry show that in April this year, 38% more FDI came to the country than last year.

India is the destination of choice for foreign investors. Foreign direct investment in the country has increased by 38 per cent amid the second wave of Corona in April.

FDI of 24 6.24 billion

In April this year, the country received a total of 24 6.24 billion (approximately Rs. 463.10 billion) in FDI. This is an increase of 38 per cent over 4. 4.53 billion (about Rs 336.19 billion) in April last year.

The highest FDI in the country came from Mauritius, with 24% of the total FDI coming from the Mauritius route, followed by Singapore at 21% and Japan at 11%.

Equity came in at 4.4 billion

In April 2021, the country received F 4.4 billion in FDI through equities. This is 60 percent more than in April 2020. The country then received DI 2.77 billion in FDI equity.

The highest FDI in the IT sector

The computer software and hardware sectors are among the highest FDI recipients in the country. 24% of total FDI equity was invested in this sector, while 23% was invested in the services sector and 8% in the education sector.

At the top of Karnataka

Karnataka became the highest recipient of FDI in the country. Where 31% of total FDI was invested. This was followed by Maharashtra with 19% and Delhi with 15%.

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