Singapore top source of FDI in Apr-Dec into India

The government on Thursday said that FDI equity inflows rose 40% year-on-year in the April-December of FY21 at $51.47 billion compared to $36.77 billion in the year ago period. Read more at: https://economictimes.indiatimes.com/news/economy/foreign-trade/singapore-top-source-of-fdi-in-apr-dec-into-india/articleshow/81350797.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 Singapore was the top source of foreign direct investment (FDI) into India in the first nine months of FY21 at $15.7 billion, followed by the US at $12.82 billion with Mauritius at the third position at $3.47 billion.

The government on Thursday said that FDI equity inflows rose 40% year-on-year in the April-December of FY21 at $51.47 billion compared to $36.77 billion in the year ago period.

Officials said Gujarat garnered the highest share of FDI in the period at $21.23 billion.