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FDI In 2021 May Be More Than 2020, These 4 Sectors Are Likely To Attract Most Of It


FDI in 2021 may be more than 2020, these 4 sectors are likely to attract most of it
The services sector was the key beneficiary of the FDI in 2020, followed by computer software and hardware, telecommunications, trading, construction development, automobile, chemicals, and pharmaceuticals.
Sunil Shankar Matkar
January 11, 2021 / 01:26 PM IST
India received around $30 billion worth of funds through foreign direct investment during the first half of FY21, which was a 15 percent growth over same period last year, while the FDI inflow in January-September period of CY20 was around $43.5 billion, which is a strong number compared to previous periods.
The 80 percent of $30 billion inflow largely came in during July-September period or second quarter of FY21, which was obvious given the destruction in Q1FY21 due to COVID-19 crisis and lockdown measures. ....

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