Every day, All India Radio Newsonair features an insightful program called AIR Spotlight. This program is known for its high-profile panel discussions on critical issues. For those preparing for the IAS exam , these discussions can offer valuable insights. In this article, we delve into a recent discussion on India's record-breaking Foreign Direct Investment (FDI) inflow.
Discussion Panel:
- Economic Analyst, Sharath Kohli
- AIR Correspondent, Sonu Sood
Discussion Background: In the Financial Year 2021-2022, India saw an unprecedented inflow of Foreign Direct Investment (FDI), amounting to USD 83.57 billion.
Discussion Overview:
- As per the World Investment Report by UNCTAD, India ranks 7th among the top 20 host economies for FDI in 2021.
- The last two decades have seen FDI inflows increase 20 times.
- The manufacturing sector's FDI Equity inflow has seen a significant increase of 76% in FY 2021-22 from 2020-21.
Image Credit: Rediff.com
Key FDI Statistics:
Leading Investor Countries:
- Singapore (27% of total FDI)
- U.S.A (18% of total FDI)
- Mauritius (16% of total FDI)
Top Sectors for FDI:
- Computer Software & Hardware (24.6% of total FDI)
- Services Sector (12% of total FDI)
- Automobile Industry (12% of total FDI)
Preferred FDI Destinations:
