FDI equity inflow declined by 1% to $58.77 billion in 2021-22.
According to official data, FDI equity inflows into India stood at $58.77 billion with a marginal decline of one percent during 2021-22.
Data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed that FDI equity inflows stood at USD 59.63 billion from 2020-to 21.
However, the total foreign direct investment (FDI) in India has increased by 2 percent in 2021-22 to an “all-time high” of USD 83.57 billion.
Explain that the total FDI inflows include equity inflows, invested learning, and other capital.
According to the data, Singapore was on top with an investment of USD 15.87 billion during 2021-22.
It was followed by the US ($10.55 billion), Mauritius ($9.4 billion), the Netherlands ($4.62 billion), the Cayman Islands ($3.81 billion), and the UK ($1.65 billion).
On the other hand, if we talk about the sectors, during the last financial year, the computer software and hardware sector attracted the maximum investment of US $ 14.5 billion.
It was followed by services (US$7.1 billion), automobile industry (US$7 billion), trading (US$4.5 billion), construction (infrastructure) (US$3.3 billion), and pharma ($1.4 billion).
FPIs have become sellers for seven months.
FPIs have been a constant seller in the domestic stock markets for the past seven months. During this period, FPIs have withdrawn Rs 1.65 lakh crore.
However, in the first week of April, FPIs made a net investment of Rs 7,707 crore but after that, they were sold again and are now net sellers.
Selling continues in May.
According to stock market data, foreign direct investors (FPIs) have so far withdrawn Rs 35,137 thousand crores from domestic equity markets in May. This evacuation has been done from May 2 to 20.
NIA Raids 10 Locations in Jammu Over Infiltration Case | High Court Updates The NIA…
India-US Strategic Meeting: Ajit Doval & Tulsi Gabbard Discuss Counterterrorism Plan India-US Strategic Meeting: US…
PM Modi's Bold Stand: Pakistan Betrayed Every Peace Effort, Calls It a Terror Hub PM…
Punjab Police Arrests Three Babbar Khalsa Terrorists in Bihar, Foiling Nepal Escape Plan Punjab Police…
Trump Plans Travel Ban on 41 Countries | Pakistan, India’s Neighbors on List Trump Plans…
76 Terrorists Active in Jammu & Kashmir: 59 Pakistani, Security on High Alert 76 Terrorists…