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FDI equity inflows dip 16 pc during Apr-Dec 2021 to USD 43.17 bn DPIIT data

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                    Foreign direct investment (FDI) equity inflows into India contracted by 16 per cent to USD 43.17 billion during the April-December 2021 period, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).The inflows had stood at USD 51.47 billion during the corresponding period of the previous year.The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) aggregated at USD 60.34 billion during the nine month period of the current fiscal year as against USD 67.5 billion in the year-ago period.

                   During April-December 2021, Singapore was at the top with USD 11.7 billion worth of investments. It was followed by the US (USD 7.52 billion), Mauritius (USD 6.58 billion), Cayman Islands (USD 2.74 billion), Netherlands (USD 2.66 billion) and UK (USD 1.44 billion).The computer software and hardware sector attracted the highest inflows of USD 10.25 billion during the nine-month period of this fiscal. It was followed by the automobile industry (USD 5.96 billion), services sector (USD 5.35 billion), construction (infrastructure) activities (USD 1.6 billion) and pharma (USD 1.2 billion), the data showed. 


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