At $83.57 billion, India reports 'highest-ever' FDI inflow in FY22

India attracted total foreign direct investments (FDI) inflow of $83.57 billion in the financial year 2021-22, up by 1.95 per cent on-year, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Friday.

Total FDI includes equity capital of unincorporated bodies, reinvest earnings and other capital.

During the entire 2020-21 financial year, the total FDI inflow was $81.72 billion, despite the disruption caused by the outbreak of the pandemic last year.

“India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector. FDI equity inflow in manufacturing sectors has increased by 76 per