FDI: FDI between Corona increased by 22% from April to November, highest in first eight months of any financial year

Foreign investors invested $ 43.85 billion, or 3.20 lakh crore rupees in equity.

The data released by the Commerce and Industry Ministry. The FDI broke the record of the highest FDI in the first eight months of any financial year, beyond a quarter and a quarter lakhs. Equity came in 37% more than in FY 2019-20.

January 27, 2021, 8:17 PM IST

new Delhi. Foreign Direct Investment in India has increased by 22% between the first 8 months of the financial year 2020-21 ie from April to November. There was an increase of more than $ 58.37 billion, ie 4.26 lakh crore rupees. The Union Ministry of Commerce and Industry gave this information.
Despite the corona virus epidemic, foreign investors continue to trust the Indian economy. The testimony of this fact gives the figures of foreign direct investment made in India by foreign investors. According to the ministry, this amount between April and November is more than FDI in the country in the first 8 months of any one financial year.

The Ministry of Commerce and Industry said that the maximum investment in the country has come through equity. During this period, foreign investors invested $ 43.85 billion, or 3.20 lakh crore rupees in equity. This is 37% higher on an annual basis as compared to FY 2019-20. In the same period last year, it was more than $ 32.11 billion, ie 2.34 lakh rupees. Because of this, there is a continuous rally in the stock markets of the country. Sensex has touched the 50 thousand mark level.

Decline in US and bitrain, FDI inflow in India increases by 13% in 2020FDI Inflow in India has increased by 13% during the year 2020. If we look at FDI inflow in developed countries and big economies like America, Britain and Russia during this period, then there was a sharp decline in them. According to the Investment Trends Report (Investment Trends Report) of the United Nations Conference on Trade and Development (UNCTAD), the global FDI fell sharply by 42% in 2020. In 2019, it fell from $ 1.5 trillion to $ 859 billion. According to this report, FDI Inflow in India stood at $ 57 billion in the year 2020. In this case, China remained at the top and foreign investors invested $ 163 billion there. Significantly, the spread of Coronavir was from China. The corona virus was soon controlled here. Due to this, there is a rapid recovery in the economy here.