Thread by @KanchanGupta

India records highest ever annual #FDI inflow of $83.57 billion in FY 2021-22. This is $1.60 billion more than last FY despite military operation in Ukraine and COVID19 pandemic.
#India ’s FDI inflows have gone up 20-fold since 2003-04, when the inflow was $4.3 billion.
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India is rapidly emerging as a preferred country for foreign investment in the manufacturing sector. FDI equity inflow in manufacturing sector has increased by 76% in FY 2021-22 ($21.34 billion) compared to FY 2020-21 ($12.09 billion).
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It is remarkable that #FDI inflow into #India has increased 23% post-#COVID19 ($171.84 billion between March 2020 and March 2022), compared to pre-pandemic FDI inflow ($141.10 billion between February 2018 and February 2020: USD 141.10 billion).
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Which are the top countries from where #FDI equity has flown into #India during FY 2021-22?
Singapore: 27%
USA 18%
Mauritius 16%.
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Which sectors have benefited most from #FDI equity inflow in FY 2021-22?Computer Software & Hardware: 25%
Services sector: 12%
Automobile Industry: 12%.
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Steps taken by Modi Govt since 2014 have borne fruit as is evident from the ever-increasing record volume of FDI inflow into #India. The #FDI policy is constantly reviewed and changed from time to time to ensure India remains an attractive and investor-friendly destination.
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Modi Govt has put in place a liberal and transparent #FDI policy. Almost all sectors in #India are open to FDI under the automatic route. To further liberalise and simplify FDI policy, reforms have been undertaken recently across sectors. n7
#ModiHaiTohMumkinHai