Care Ratings: Foreign Direct Investment H1 FY21 Update
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Care Ratings Research Report
While the economy continued to grapple with technical recession in the first half of fiscal year 2020-21, a positive development has been an increase in foreign direct investment inflows in the country during the first half of 2020-21.
For the past few years, India has been a recipient of the FDI inflows. In the nearly past two decades, the total FDI inflows in India have increased from 4 billion U.S. dollar in FY01 to 74 billion U.S. dollar in FY20.
Further in the first half of FY21, India has received 15% higher investment inflows when compared with the same period last year, despite subdued global economic and investment environment, which was hampered on account of coronavirus pandemic that brought economies to a near halt by the lockdown.
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