India received the ‘highest’ annual FDI inflows of $84.83 billion in the fiscal, the ministry said.
The government has implemented several reforms under the FDI policy regime across sectors such as insurance, defense, telecom, financial services, pharmaceuticals, retail trading and e-commerce, a news agency reported citing the ministry.
''FDI equity inflows in the manufacturing sectors have increased by 76 per cent in FY 2021-22 ($21.34 billion) compared to previous FY 2020-21 ($12.09 billion),'' it added.
The top five states receiving the highest FDI in that fiscal are Karnataka (37.55 per cent), Maharashtra (26.26 per cent), Delhi (13.93 per cent), Tamil Nadu (5.10 per cent) and Haryana (4.76 per cent).
ALCHEMPro News Desk (DS)
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