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The Commerce and Industry Ministry in its latest data has showed that foreign direct investment (FDI) equity inflows into the country grew by 28 percent to $54.18 billion during April-January 2020-21. FDI inflows stood at $42.34 billion during April-January 2019-20.

Total FDI (which includes reinvested earnings) during the 10-month period in FY21 increased by 15 percent to $72.12 billion over the year-ago period. The measures taken by the government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.

Computer software and hardware has emerged as the top sector during the first ten months of 2020-21 with 45.81 per cent of the total inflows. It was followed by construction (infrastructure) activities (13.37 per cent) and services sector (7.80 per cent) respectively. These trends in India's FDI are an endorsement of its status as a preferred investment destination amongst global investors.