In FY 21 (April-November), FDI inflow in India was the $ 58.37 billion which is the highest ever FDI inflow in the first 8 months of any financial year. FDI data released by the Commerce ministry shows that FDI inflow in November 2020 whopped by 81% as compared to FDI inflows in November 2019. There was an inflow of FDI worth $10.15 bn in November 2020 as compared to $ 5.6 bn inflow in November 2019. There was also a hike in the inflow FDI equity by 70% from $2.8 in November 2019 bn to $ 8.5 bn in November 2020.
FDI is the driving force for the economic growth of the country and an important source of non-debt finance. Government is adopting the investor-friendly policies to attract the FDI inflows.
Measures were taken by the government such as ease of doing business and investment facilitation help increase the inflow of FDI in the country.