FDI equity inflow in April-Nov rises 37% to $44 billion
January 27, 2021
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Foreign Direct Investment (FDI) equity inflow into India in the April-November period increased 37 per cent to $43.85 billion, compared to $32.11 billion in the same period last fiscal.
“It is also the highest ever for the first eight months of a financial year..,” according to an official release issued by the Commerce & Industry Ministry on Wednesday.
In the first eight months of FY21, total FDI (including reinvested earnings) rose 22 per cent to $58.37 billion, from $47.67 billion in April-November 2019, it said, adding that this, too, is the highest ever for the eight-month period in any fiscal.