FDI in April up 60 pc to USD 4.44 bn: Data

Foreign direct investment into India increased by 60 per cent to $4.44 billion in April as against $2.77 billion in the same month last year, government data showed on Wednesday.

Total FDI, including equity, re-invested earnings and capital, rose 38 per cent to $6.24 billion in April this year, as against $4.53 billion in April 2020, as per the data. During April, 2021 FDI equity inflows amounting to $4.44 billion were reported in the country which is an increase of 60 per cent over the FDI equity inflow of April, 2020 ($2.77 billion), the commerce and industry ministry said in a statement.

Measures taken by the government on the fronts of foreign direct investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country, it added.

Foreign inflows in March had dipped to $2.87 billion from $4.27 billion in March 2020. In February too, FDI declined to $2.58 billion from $3.36 billion in the same month last year.

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