US$28.1 billion FDI inflows in India during July-September quarter

Prime Minister Narendra Modi, Prime Minister , Australia, Anthony Albanese, India

New Delhi, November 29, 2020: Total Foreign Direct Investments (FDI) inflows into India during the second quarter of the 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 in India 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.

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

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

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