FDI flows to India grew 6% in 2018 to USD 42 bn: UN report

US$ 28.1 Billion FDI Inflows Into the Country During the July-September Quarter

Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020 to September, 2020) have been US$ 28,102 million, out of which FDI equity inflows were US$ 23,441 million or Rs. 174,793 crore.

Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020 to September, 2020) have been US$ 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 2020-21upto September 2020 to US$30,004 million which is 15% more than the corresponding period of 2019-20. In rupee terms, the FDI Equity inflows of Rs 224,613 Crore are 23% more than the last year. August, 2020 has been the significant month when US$ 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.

SHARE OF TOP INVESTING COUNTRIES FDI EQUITY INFLOWS (Financialyears):

Amount in Rupees Crores (in US$ Million)

  Rank s  Country  2018-19 (April – March)  2019-20 (April – March)  2020-21 (April – September)CumulativeInflows (April, 00 – September,20)%age to total Inflows (interms of US$)
1.MAURITIUS57,13957,78515,019810,96029%
(8,084)(8,241)(2,003)(144,713)
2.SINGAPORE112,362103,61562,084671,64621%
(16,228)(14,671)(8,301)(105,970)
3.U.S.A.22,33529,85053,266229,4887%
(3,139)(4,223)(7,123)(36,902)
4.NETHERLANDS27,03646,07111,306219,6287%
(3,870)(6,500)(1,498)(35,350)
5.JAPAN20,55622,7744,932201,0377%
(2,965)(3,226)(653)(34,152)
6.U.K.9,35210,04110,155160,5666%
(1,351)(1,422)(1,352)(29,563)
7.GERMANY6,1873,4671,49870,4422%
(886)(488)(202)(12,398)
8.CYPRUS2,1346,44935558,3482%
(296)(879)(48)(10,796)
9.FRANCE2,89013,6868,49459,0052%
(406)(1,896)(1,135)(9,675)
10.CAYMAN ISLANDS7,14726,39715,67265,5202%
(1,008)(3,702)(2,103)(9,639)
TOTAL FDI EQUITY INFLOWS FROM ALL COUNTRIES *309,867 (44,366)353,558 (49,977)224,613 (30,004)2,957,057 (500,123)

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

SECTORS ATTRACTING HIGHEST FDI EQUITY INFLOWS:       

Amount in Rs. Crores (in US$ Million)

  Ranks  Sector2018-19 (April – March)2019-20 (April – March)2020-21 (April – September)CumulativeInflows (April, 00 – September, 20)% age to total Inflows                    (In terms ofUS$)
1.SERVICES SECTOR **63,909 (9,158)55,429 (7,854)16,955 (2,252)488,685 (84,255)17%
2.COMPUTER SOFTWARE & HARDWARE45,297 (6,415)54,250 (7,673)131,169 (17,554)407,175 (62,466)12%
3TELECOMMUNICATIONS18,337 (2,668)30,940 (4,445)50 (7)219,238 (37,278)7%
4.TRADING30,963 (4,462)32,406 (4,574)7,140 (949)183,145 (28,543)6%
  5.CONSTRUCTION DEVELOPMENT: Townships, housing, built-up infrastructure and construction- development projects  1,503 (213)  4,350 (617)  887 (118)  124,851 (25,780)  5%
6.AUTOMOBILE INDUSTRY18,309 (2,623)19,753 (2,824)3,162 (417)146,904 (24,628)5%
7.CHEMICALS (OTHER THAN FERTILIZERS)13,685 (1,981)7,492 (1,058)3,287 (437)101,842 (18,077)4%
8.CONSTRUCTION (INFRASTRUCTURE) ACTIVITIES15,927 (2,258)14,510 (2,042)2,814 (377)111,197 (17,223)3%
9.DRUGS & PHARMACEUTICALS1,842 (266)3,650 (518)2,715 (367)90,529 (16,868)3%
10.HOTEL & TOURISM7,590 (1,076)21,060 (2,938)2,128 (283)93,907 (15,572)3%

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

STATES/UTs ATTRACTING HIGHEST FDI EQUITYINFLOWS

Amount in Rupees Crores (in US$ Million)

  S. No.  STATE  2019-20 (October – March)  2020-21 (April – September)CumulativeInflows (October, 19- September,20)%age to total Inflows (in terms of US$)
1GUJARAT18,9641,19,5661,38,53035%
(2,591)(16,005)(18,596)
2MAHARASHTRA52,07327,14379,21620%
(7,263)(3,619)(10,882)
3KARNATAKA30,74627,45858,20415%
(4,289)(3,660)(7,949)
4DELHI28,48719,86348,35012%
(3,973)(2,663)(6,635)
5JHARKHAND13,2085,99019,1985%
(1,852)(792)(2,644)
6TAMIL NADU7,2307,06214,2924%
(1,006)(938)(1,944)
7HARYANA5,1985,11110,3103%
(726)(682)(1,408)
8TELANGANA4,8655,0459,9103%
(680)(668)(1,348)
9UTTAR PRADESH1,7381,6803,4181%
(243)(225)(468)
10WEST BENGAL1,363 (190)1,985 (261)3,348 (451)1%

Source: PIB