As per the ministry data, India has attracted a total FDI inflow of $27.37B during the first four months of FY2021-22 which is 62% higher as compared to the corresponding period of FY 2020-21 where it stood at $16.92B.
The ministry announced key highlights of the FDI inflows in the first four months of FY22. They are:
1. FDI equity inflow grew by 112% in the first four months of F.Y. 2021-22 ($20.42B) compared to the year-ago period ($9.61B).
2. ‘Automobile Industry’ has emerged as the top sector during the first four months of F.Y. 2021-22 with 23% share of the total FDI Equity inflow followed by Computer Software & Hardware (18%) and Services Sector (10%) respectively.
3. Under the sector `Automobile Industry’, the majority of FDI Equity inflow (87%) was reported in the state of Karnataka during the first four months of the current financial year (2021-22).
4. Karnataka is the top recipient state during the F.Y. 2021-22 (up to July 2021) with a 45% share of the total FDI equity inflows followed by Maharashtra (23%) and Delhi (12%).