India Records Highest FDI Inflow For First 8 Months In FY 2020-21: Govt
The Commerce Ministry, in its latest data, has revealed that India's Foreign Direct Investment (FDI) inflow soared by 37% to $43.85 billion during April-November 2020. It stated that the FDI inflow was highest-ever for the first eight months of a FY, surpassing FY 2019-20 collection ($32.11 billion). Citing the FDI reforms and investment facilitation introduced by the government, the ministry reported the total FDI inflow, including ploughed back earnings, grew by 22% to $58.37 billion.