FDI in SMEs
Government of India
Ministry of Micro,Small & Medium Enterprises
May 20, 2022 05:58 PM IST
Investment by Foreign Companies in SMEs
India has reported the highest foreign direct investment (FDI inflow) to the tune of $83.57 billion for the financial year 2021-2022, the Ministry of Commerce and Industry said, adding the country's foreign investment inflows increased 20-fold since the financial year 2003-04 when it recorded mere $4.3 billion.
The figures for 2021-22 have overtaken the previous financial year by $1.60 billion despite the Ukraine war and Covid-19 pandemic, the ministry added.
According to the government, the FDI inflow in the manufacturing sectors increased by 76 per cent in the previous financial year ($21.34 billion) as compared to the $12.09 billion in the financial year 2020-21.