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India receives record FDI in FY21 at $81.72 bn; 10% higher than FY20

FDI equity inflow increased 19 per cent during FY21 to $59.64 billion, as against $49.98 billion in FY20. Singapore was the biggest investor in India last fiscal, accounting for 29 per cent FDI ....

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Beating Mauritius- Business News

Beating Mauritius
FDI surge from Cayman Islands makes it the new Mauritius; chorus grows China might be routing investments into India through it
Illustration by Raj Verma
Cayman Islands is situated in Caribbean Sea, 480 miles southwest of Miami, USA. The three islands are spread over 101 square miles, have a population of 65,000 and gross domestic product (GDP) of $5.5 billion, slightly more than that of the Union Territory of Puducherry.
Still, it was the third-largest contributor of equity foreign direct investment (FDI) in India in the first six months of FY21 ($2 billion). Only Singapore ($8.3 billion) and the US ($7.13 billion) were ahead. The tiny British Overseas Territory even bettered Mauritius, traditionally the biggest source of FDI into India. ....

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