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The Indian Embassy in Cairo: The inflow of foreign investments in 2021 to New Delhi increased 10% over last year


The Indian Embassy in Cairo issued a report explaining the position of the Asian country on the influx of foreign investment, noting that India was able to attract the highest total inflow of foreign direct investment ever during the period 2020-2021, as these inflows amounted to 81.72 billion US dollars, an increase of 10% over Last fiscal year.

 

The embassy pointed out that the measures taken by the government at many levels, such as reforming the foreign direct investment policy, facilitating procedures related to investments, and ease of establishing and practicing projects, led to an increase in foreign direct investment inflows into the country.

 

India attracted the highest total FDI inflows ever amounting to $ 81.72 billion during the 2020-2021 fiscal year, which is 10% higher than in the last fiscal year 2019-20 ($ 74.39 billion).

 

The influx of capital used in foreign direct investment also witnessed a growth of 19% in the last fiscal year 2020-21 to record 59.64 billion US dollars, compared to a growth of the previous fiscal year 2019-2020 in which foreign direct investment capital reached 49.98 billion US dollars.

 

Regarding the largest investor countries in India during the fiscal year 2020-2021, "Singapore" ranks first with 29%, followed by the USA (23%) and Mauritius (9%).

 

Reports indicate that most of the capital inflows to Gujarat in the fiscal year 2020-2021 were concentrated in the "software and hardware" sectors (94%) and construction activities 2%.

 

Among the top ten investor countries in India, Saudi Arabia is the largest investor in terms of percentage increase during the fiscal year 2020-21, investing $ 2816.08 million compared to $ 89.93 million in the previous fiscal year.

 

FDI inflows from the United States of America and the United Kingdom registered a significant increase of 227% and 44% respectively during the 2020-21 fiscal year compared to the previous fiscal year 2019-2020.

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