New Delhi: The Foreign Direct Investment (FDI) inflow has surged by 38%. This was revealed by the data released by the Ministry of Commerce and Industry.
As per the data, the country received a total of 6.24 billion US dollars in April this year. It is higher by 38% when compared to April 2020. FDI Equity inflows in April 2021 were 4.44 billion US dollars and it is higher by 60% over the FDI Equity inflow of April 2020.
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Mauritius is the top investing country with 24% FDI Equity inflows, followed by Singapore with 21% and Japan with 11%.
Most of the FDI was in the ‘Computer Software and Hardware sector. The sector received. It was followed by ‘Services Sector’ with 23% and ‘Education Sector’ with 8%. Among states, Karnataka received 31% of FDI, followed by Maharashtra with 19% and Delhi with 15%.