News

India received highest FDI from these seven countries.

Date: September 19, 2022
# News

 

India has received $58.8 billion foreign direct Investment (FDI) in the financial year 2022 (FY22) in spite of headwinds in global and domestic economic environment. Stock markets around the globe tumbled recently due to increased commodity prices, rising inflation and domestic currency depreciation. However, India had fared much better than many of the developed markets, which is a clear indication of investor’s faith in India’s growth story and robust macro factors.  

The data available with CMIE Economic Outlook showed that India’s FDI inflow in FY22 is $58.8 billion, and which was only $24.3 billion in FY2014, registering a growth of 142 per cent in eight years. Here is the list of top countries from where India is receiving highest FDI. 

Singapore is ranked one FDI provider to India. The small island nation has invested $15.9 billion in FY22 which is accounted for 27 per cent of India’s total FDI received. 

USA is India’s second biggest investor with FDI of $10.5 billion, with 18 per cent of total FDI.