India has recorded the “highest ever” annual FDI (foreign direct investment) inflow of USD 83.57 billion in 2021-22. In 2020-21, the inflow stood at USD 81.97 billion.
India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector.
FDI equity inflow in manufacturing sectors has increased by 76 per cent in 2021-22 (USD 21.34 billion) compared to 2020-21 (USD 12.09 billion).
Top FDI Investor in India
In terms of top investor countries, Singapore is at the top with 27 per cent followed by the US (18 per cent) and Mauritius (16 per cent) during the last fiscal.
Among sectors, computer software and hardware attracted maximum inflows. It was followed by the services sector and automobile industry, the ministry said.