Foreign direct investment (FDI) equity inflows into India crossed the $500 billion milestone between April 2000 and September 2020 period, firmly establishing the country's credentials as a safe and key investment destination in the world.
Data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed that the inflows during the period stood at $ 500.12 billion.
About 29% of this FDI came through the Mauritius route, followed by Singapore at 21%, the US, the Netherlands, Japan at each 7%, and the UK at 6%. The other big investors have been from Germany, Cyprus, France and the Cayman Islands.
India received $144.71 billion from Mauritius and about $106 billion from Singapore in the nearly 2 decade period.
Since 2015-16, FDI inflows have seen significant growth. The country received $40 billion FDI in FY 2015-16, a 35% increase over the previous year. In 2016-17, 2017-18, 2018-19 and 2019-20, the investments stood at $43.5 billion, $44.85 billion, $44.37 billion and $50 billion, respectively.
The key sectors which have attracted the maximum of these inflows include services segment, computer software and hardware, telecommunications, trading, construction development, automobile, chemicals, and pharmaceuticals.