Foreign direct investment (FDI) equity inflows into India crossed the $ 500 billion milestone during April 2000 to September 2020 period, firmly establishing the country’s credentials as a safe and key investment destination in the world.
According to the data of the Department for Promotion of Industry and Internal Trade (DPIIT), the inflows during the period stood at $500.12 billion.
About 29 % of the FDI came through the Mauritius route. It was followed by Singapore (21 %), the U.S., the Netherlands, Japan (each 7 %), and the UK (6 %).
Also read | U.S. second biggest FDI source for India during April-September 2020
India received $144.71 billion from Mauritius and about $106 billion from Singapore during the period under review.
The other big investors have been from Germany, Cyprus, France and Cayman Islands.
Since 2015-16, FDI inflows have been recording significant growth. In that fiscal, the country received $40 billion FDI, an increase of 35 % over the previous year. In…