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India’s Foreign Direct Investment (FDI) inflows in the first quarter of Financial Year 2021-22 (FY22) increased up by how much per cent from $11.84 billion in the same period in the previous fiscal?

India’s Foreign Direct Investment (FDI) inflows in the first quarter of Financial Year 2021-22 (FY22) increased up by how much per cent from $11.84 billion in the same period in the previous fiscal? Correct Answer 168

The correct answer is 168%.

  • India’s Foreign Direct Investment (FDI) inflows in the first quarter of Financial Year 2021-22 (FY22) stood at $22.53 bn, up by 17.57 billion or 168% from $11.84 billion in the same period in the previous fiscal.
  • This increase in foreign inflows during the first three months of the previous FY21 was recorded at 6.56 bn.
  • FDI equity inflow grows by 168% in the first three months of FY 2021-22.
  • ‘Automobile Industry’ has emerged as the top sector during the first three months of F.Y. 2021-22 with 27% share of the total FDI Equity inflow followed by Computer Software & Hardware (17%) and Services Sector (11%) respectively.
  • Under the sector `Automobile Industry’, majority of FDI Equity inflow (88%) was reported in the state of Karnataka during the first three months of the current financial year (2021-22).
  • Karnataka is the top recipient state during the F.Y. 2021-22 (upto June 2021) with 48% share of the total FDI Equity inflows followed by Maharashtra (23%) and Delhi (11%).

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