India reported highest FDI inflow worth $83 billion in 2021-2022: Centre
Hindustan TimesIndia has reported the highest foreign direct investment to the tune of $83.57 billion for the financial year 2021-2022, the Ministry of Commerce and Industry said, adding the country's foreign investment inflows increased 20-fold since the financial year 2003-04 when it recorded mere $4.3 billion. According to the government, the FDI inflow in the manufacturing sectors increased by 76 per cent in the previous financial year as compared to the $12.09 billion in the financial year 2020-21. According to the data, the FDI inflow has increased by 23 per cent post-Covid pandemic i.e March 2020 to 2022 registered inflow of $171.84 billion against $141.10 billion between February 2018-2020. Karnataka is the top recipient state with 38% share of the total FDI Equity inflow reported during the previous financial year followed by Maharashtra and Delhi.