Data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed that foreign direct investment (FDI) inflows into the Indian equity market declined 1% to $58.77 billion for the financial year FY22.
FDI equity inflows stood at $59.63 billion in the financial year 2020-21.
In contrast, foreign direct Investment India reached an all-time high of $83.57 billion in FY12. Total FDI in FY21 was $81.97 billion.
According to data from the Ministry of Commerce and Industry, India is fast emerging as a preferred country for foreign investment in manufacturing. FDI equity inflows into manufacturing have increased by 76% to $21.34 billion in FY12 as compared to $12.09 billion in FY2011.
In terms of top investor countries of FDI equity inflows – Singapore tops with 27%, followed by USA (18%) and Mauritius (16%) for FY 2021-22.
In sector-wise terms, computer software and hardware has emerged as the top recipient of FDI equity inflows during FY 2021-22, followed by the services sector (12%) and the automobile industry (12%) respectively. Is.
Under computer software and hardware sector, the major recipient states of FDI equity inflows during FY 2021-22 are Karnataka (53%), Delhi (17%), and Maharashtra (17%).
Karnataka is the top recipient state with 38% share in the total FDI equity inflows reported during FY 2021-22, followed by Maharashtra (26%) and Delhi (14%). Most of Karnataka’s equity inflows during FY 2021-22 have been recorded in sectors such as computer software and hardware (35%), automobile industry (20%) and education (12%).