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Lustrous FDI inflows in Q2 - Gujarat bags max

 

By TIOL News Service

NEW DELHI, NOV 29, 2020: THE FDI inflows in Q2 have been USD 28,102 million, out of which FDI equity inflows were US$ 23,441 million or Rs. 174,793 crore. This takes the FDI equity inflows during the financial year 2020-21 upto September 2020 to USD 30,004 million which is 15% more than the corresponding period of 2019-20. In rupee terms, the FDI Equity inflows of Rs 224,613 Crore are 23% more than the last year. August, 2020 has been the significant month when USD 17,487 Million FDI equity inflows were reported in the country.

In terms of the Countries from where FDI Equity Inflows were reported to India, during April, 2000 to September, 2020; maximum FDI Equity inflows have been reported from Mauritius, followed by Singapore and the USA.

Among the sectors, Services sector has received maximum FDI equity inflows, during April, 2000 to September, 2020; followed by Computer Software & Hardware, and Telecommunications.

Gujarat has been the major beneficiary state of the FDI Equity inflows, during October, 2019 to September, 2020; followed by Maharashtra and Karnataka.


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