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Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281
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FDI up by 37% to $48.85 billion between Apr-Nov 2020
FDI is a major driver of economic growth and an important source of non-debt finance for economic development of India
PTI | January 28, 2021 | Updated 12:57 IST
Representational Image
Foreign direct investment (FDI) into India increased by 37 per cent to USD 43.85 billion during April-November 2020, according to data by the commerce and industry ministry.
Total FDI inflows (including reinvested earnings) during the eight-month period of the current fiscal grew by 22 per cent to USD 58.37 billion, the ministry said on Wednesday. FDI equity inflow received during 2020-21 (April to November, 2020) is USD 43.85 billion. It is the highest ever for the first 8 months of a financial year and 37 per cent more compared to the first 8 months of 2019-20 (USD 32.11 billion), it said.
(Representative image)
NEW DELHI: Foreign direct investment (FDI) into India increased by 37 per cent to $43.85 billion during April-November 2020, according to data by the commerce and industry ministry.
Total FDI inflows (including reinvested earnings) during the eight-month period of the current fiscal grew by 22 per cent to $58.37 billion, the ministry said on Wednesday. FDI equity inflow received during 2020-21 (April to November, 2020) is $43.85 billion. It is the highest ever for the first 8 months of a financial year and 37 per cent more compared to the first 8 months of 2019-20 ($32.11 billion), it said.
It added that FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of India.
FDI into India up 37 per cent to USD 43.85 billion during April-November 2020
FDI into India increased by 37 per cent to USD 43.85 billion during April-November 2020, according to data by the commerce and industry ministry.
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NEW DELHI: Foreign direct investment (FDI) into India increased by 37 per cent to USD 43.85 billion during April-November 2020, according to data by the commerce and industry ministry.
Total FDI inflows (including reinvested earnings) during the eight-month period of the current fiscal grew by 22 per cent to USD 58.37 billion, the ministry said on Wednesday. FDI equity inflow received during 2020-21 (April to November, 2020) is USD 43.85 billion. It is the highest ever for the first 8 months of a financial year and 37 per cent more compared to the first 8 months of 2019-20 (USD 32.11 billion), it said.