India's FDI inflow rises by 22% yoy to $58.37B between April - Nov 2020

The Ministry of Commerce & Industry has announced that total FDI inflow of $58.37 billion has been received between April to November 2020. The ministry stated that it is the highest ever for the first 8 months of a financial year and 22% higher as compared to the first 8 months of 2019-20 ($47.67 billion).

As per the ministry, FDI equity inflow received during F.Y. 2020-21 (April to November 2020) is $43.85 billion. It is also the highest ever for the first 8 months of a financial year and 37% more compared to the first 8 months of 2019-20 ($32.11 billion).

The ministry stated that measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country. The following trends in India’s Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors: