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Overseas direct investments (FDI) into the nation elevated 37 per cent in October-December to $26.16 billion, in comparison with $19.09 billion of inflows within the corresponding interval a 12 months in the past.
Regardless of the pandemic devastating economies, FDI inflows have risen, indicating the boldness of world buyers in India. Within the first 9 months of FY21, international investments had been the best ever, leaping 22 per cent year-on-year to $67.54 billion.
FDI influx throughout December rose 24 per cent to $9.22 billion, towards $7.46 billion in December 2019. Overseas investments within the fairness phase in April-December grew 40 per cent to $51.47 billion, from $36.77 billion a 12 months in the past.
“Measures taken by the federal government on the fronts of FDI coverage reforms, funding facilitation and ease of doing enterprise have resulted in elevated FDI inflows,” the ministry mentioned.